What is Bayh-Dole?

Today’s installment of NCURA’s weekly feature focuses on a definition of the Bayh-Dole Act, which contemplates the ownership of intellectual property arising from the use of federal funds.  Last November, we provided a detailed examination of Bayh-Dole, and recently discussed the important Stanford decision that clarified how Universities vested the rights bestowed by the legislation.  In an upcoming post, we’ll continue our focus on Bayh-Dole with an analysis of the repercussions of the pending StartUp Act, which could have a substantial impact on a University’s tech transfer activities.  Given the importance of IP rights, we encourage everyone to check out the NCURA video, as well as our previous posts, so that they are aware of the all of the moving parts involved.