The Bayh-Dole Act at 25 A publication of BayhDole25, Inc 242 West 30th, Suite 801 New York, New York 10001 phone: (646) 827-2196 web: www.bayhdole25.org e-mail:
[email protected] April 17, 2006 © 2006 Bayhdole25, Inc. Table of Contents INTRODUCTION....................................................................................................................................... 1 Overview .............................................................................................................................................. 2 Diagram 1: Commercialization of Federally-Funded Research Before the Bayh Dole Act.................. 3 HISTORICAL ORIGINS OF BAYH-DOLE................................................................................................4 Property rights framework .................................................................................................................... 4 Public financing of higher education .................................................................................................... 4 Universities engage in research........................................................................................................... 6 World War II: role of technological innovation...................................................................................... 7 Science: the endless frontier................................................................................................................ 8 Table 1: Federal Support for Academic R & D, 1960-2000 (millions of 1996 dollars)