Citation Edit

Wendy H. Schacht, The Bayh-Dole Act: Selected Issues in Patent Policy and the Commercialization of Technology (CRS Report RL32076) (Dec. 3, 2012) (full-text).

Overview Edit

The Bayh-Dole Act provides patent rights to certain inventions arising out of government-sponsored research and development (R&D) to non-profit institutions and small businesses with the expressed purpose of encouraging the commercialization of new technologies through cooperative ventures between and among the research community, small firms, and industry.

This report discusses the rationale behind passage of the Act, its provisions, and implementation of the law. Observers generally agree that the Act has successfully met its objectives. However, some experts argue that the issues associated with the law's patent policies should be revisited given the current R&D environment.

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