The Bayh-Dole Act significantly boosted innovation by allowing universities, non-profit organizations, and small businesses to own, patent, and commercialize inventions developed with federal research funding. Since it was enacted in 1980 this has led to over $1.3 trillion in U.S. economic growth, the creation of more than 4.2 million jobs, and the success of over 11,000 new startups.
Join this upcoming webinar to learn about this important piece of legislation that has tremendously benefited innovation and the U.S. economy... and how this legislation is being unjustifiably challenged today.
Data Source: https://lnkd.in/gpzzaYYg
Later this month, The Bayh-Dole Coalition will host a webinar discussing how the Bayh-Dole Act’s decentralization of patent licensing facilitated a technological and economic revolution.
Purdue Innovates Senior VP Brooke Beier will join the panel as a guest speaker.
🗓️ Thursday, June 27
⏰ 1-2pm
📍 Virtual
Learn more and reserve your spot: https://bit.ly/4egdHVM
Freelance Mechanical Product Designer
1moGreat to see the innovation and patents keep rolling in.