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   Office of Technology Transfer THE INTERSECTION OF RESEARCH, INNOVATION AND ECONOMIC DEVELOPMENT
 
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Patent Policy

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Office of Technology TransferTHE INTERSECTION OF RESEARCH, INNOVATION AND ECONOMIC DEVELOPMENT


 

 

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 Federal Bayh-Dole Act 

The Bayh-Dole Act, passed by Congress in 1980, created a uniform patent policy among the U.S. federal agencies that fund research in the non-profit and small business sectors. The Act provides recipients of  federal research funds with the right to retain ownership of their  patents with the underlying tenet that federally funded inventions  should be licensed for commercial development in the public interest. This principle is reflected in virtually all university policies whether or not the invention is federally funded.

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