Enacted on December 12, 1980, the Bayh-Dole Act created a uniform patent policy among the many federal agencies that fund research, enabling small businesses and non-profit organizations, including universities, to retain title to inventions made under federally-funded research programs.
2010 marked the 30th anniversary of this inspired legislation. Read about the Bayh-Dole 30th anniversary event here
The Better World Project shares the surprising and inspiring stories behind innovations that have changed the way we live. Visit www.betterworldproject.net to learn more
University technology transfer creates billions of dollars of direct benefits to the U.S. economy every year.
In fiscal year 2008, universities helped create 648 new products.
University research helped create whole new industries, like biotechnology, where the U.S. enjoys a leadership role.
—Dr. Ndubuisi Ekekwe | Nkpuhe- a revelation on Africa