Index
PatentsUnited States (Federal)

Bayh-Dole Act

Summary

Allows universities, small businesses, and non-profits to retain ownership of inventions made under federally funded research programs.

Rights & Rules

  • 01.
    Right of universities to own patents from federal research
  • 02.
    Right to license federally funded inventions to private industry
  • 03.
    Small businesses' right to preference in licensing such inventions

Penalties

  • 01.
    Loss of patent title to the federal government
  • 02.
    Compulsory licensing to third parties through government intervention
  • 03.
    Suspension or debarment from receiving future federal funding

Verified Citations

Patent and Trademark Act Amendments of 1980

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