Since 1980 universities have been able to commercialize inventions that their faculty researchers create as per the 1980 Bayh-Dole Act (P.L. 96-517). Research universities can now own and license these inventions to small and well established companies. Since 1980, research universities have used tech commercialization to support their regional…

Between 2005 and 2011, there was no substantial growth in licenses executed by university technology transfer offices. Since the passage of the Bayh Dole Act of 1980, universities have owned technological inventions afforded by federal research funding. There are still university technology transfer offices that struggle with increasing their…

Specific reference is made in the Constitution of the United States to the need for protection of intellectual property rights. Later, Madison explored the problem again in the "Federalist" and in a letter to Thomas Jefferson. The present-day argument against protection of these individual rights is not directed against the government's…

The Constitution of the United States specifically addresses the question of intellectual property rights. This provision is not only noble but also practical, since it recognizes that the whole of society is best served when the creators are singled out and given special treatment. In the process of industrialization of this country, resources…

Some authorities on technolgoy transfer feel that industry is not fully capitalizing on the inventive output of universities and nonprofit organizations. From the point of view of the government, the stakes are high. The magnitude of federal support of research and development in these organizations demands evidence of useful results if it is to…