What is the Bayh-Dole Act, and how does it apply to me?
The Bayh-Dole Act allows small businesses, non-profits, and universities to own inventions that result from federally funded research. In exchange, universities are required to report each disclosed invention to the funding agency. Since the Act was passed in 1980, the number of technologies patented, licensed, and commercialized through university technology transfer offices has grown rapidly. The Act allows the University to use licensing revenues to support patenting and licensing, pursue additional research and education, and provide proceeds to inventors. Learn more at the Better World Project, sponsored by the Association of University Technology Managers (AUTM).
