New report examines university management of intellectual property

The system put in place by the Bayh-Dole Act of 1980 -- which gives universities significant control over intellectual property associated with the results of federally funded research at their institutions – has been more effective than the pre-1980 system in making research advances available to the public and spurring innovation, says a new report from the National Research Council. Nevertheless, the current system needs improvement, said the committee that wrote the report.

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