
By Teri Willey
Universities may look like quiet enclaves of students and stately buildings, but their labs are some of the most productive engines of innovation in the country. The discoveries made there ripple far beyond campus — improving medical care, advancing national security, and launching entire industries.
That pathway from lab to marketplace exists because of an effective law: the Bayh-Dole Act.
Co-sponsored by former Indiana senator Birch Bayh and Robert Dole of Kansas, the law gives universities the ability — and aligns their interests with potential private sector partners — to protect and license inventions made with federal research funding. The results are all around us. Google’s search algorithm, key cryptocurrency technologies, and several breakthrough cancer medicines all trace back to federally-funded research.
Continue reading “America Loses If Washington Takes University Royalties”


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