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Can the University license technology developed with government funds, such as research grants from the NIH or DOE?

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Can the University license technology developed with government funds, such as research grants from the NIH or DOE?

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There is a law called the Bayh-Dole Act of 1980, which gave institutions the right to claim title (ownership) of research results of federally-sponsored research. Institutions are encouraged by government sponsors to license inventions to commercial parties to ensure that the results of federally sponsored research reach the public.

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