The Role of Bayh-Dole Act of 1980 in the Knowledge and Technology Transfer from the U.S. Universities to the Corporate Sector: An Assessment of the 30-Year Way
Igor I.Ignatov ()
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Igor I.Ignatov: Russian Research Institute of Economics, Politics and Law in Science and Technology
Science Governance and Scientometrics Journal, 2012, vol. 7, issue 2, 159-188
Abstract:
The article presents and discusses the changes in the knowledge and technology transfer (KTT) dynamics from the university sector to the corporate industry stimulated by the late 20th century’s changes in the R&D policies of the U.S. Federal Government, with a special focus on the Bayh-Dole Act of 1980 (BDA-1980). The article states that BDA-1980 brought mixed results and had a very ambiguous impact on the U.S. R&D. The privatization of the intellectual property (IP) by universities may also eventually affect the pace of KTT, while the general drive toward the commercialization of university research may potentially interfere with the university mission in the linear model of innovation.
Keywords: Bayh-Dole Act of 1980; research and development; knowledge and technology transfer; university; technology transfer office; corporate sector; linear model; patent; license; intellectual property; commercialization; high-tech products; adoption; license income; citations (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:akt:journl:v:7:y:2012:i:2:p:159-188
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