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Bayh-Dole Act
U.S. law of 1980 that lets universities, nonprofits and small businesses keep patents on inventions made with federal research money.
- Dates
- 12 Dec 1980
- Also known as
- Patent and Trademark Law Amendments Act of 1980
- Wikidata
- Q812548
Before it, the federal government held title to most inventions made with its research money. U.S. Congress passed the Act in December 1980, and the law also tells a nonprofit such as a university to share royalties with the inventor.
Connections 2
enacted by
- U.S. Congress 12 Dec 1980 Primary record 123
adopted by
-
Stanford University
Primary record
14
GAO visited Stanford as one of ten universities when it examined how they carried out the Act. Its recombinant DNA invention dates to the 1970s and was funded in part by NIH and NSF.
Timeline 2 dates
- 12 Dec 1980 Bayh-Dole Act
- 12 Dec 1980 U.S. Congress signed into law Bayh-Dole Act
Proof 4 sources
-
Technology Transfer: Administration of the Bayh-Dole Act by Research Universities (GAO/RCED-98-126), U.S. General Accounting Office, 7 May 1998.
Primary record
In 1980, the Congress addressed these concerns by enacting legislation to bolster the economic impact of federal R&D investments.
In fiscal year 1996, 72 percent of Stanford's licensing income came from one invention.
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35 U.S. Code § 200 - Policy and objective, Legal Information Institute, Cornell Law School.
Primary record
It is the policy and objective of the Congress to use the patent system to promote the utilization of inventions arising from federally supported research or development
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35 U.S. Code § 202 - Disposition of rights, Legal Information Institute, Cornell Law School.
Primary record
a requirement that the contractor share royalties with the inventor
-
Lessons from the Commercialization of the Cohen-Boyer Patents: The Stanford University Licensing Program, MIHR and PIPRA, Intellectual Property Management in Health and Agricultural Innovation, 2007.
Scholarship & press
the original application was filed in November 1974
Over the 25 years of the licensing program, Stanford and the University of California system accrued US$255 million in licensing revenues (to the end of 2001)
Of the 468 licensees of Cohen-Boyer technology, ten companies alone provided 77% (US$197 million) of the total licensing income.
resulting in over US$35 billion in sales for an estimated 2,442 new products
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