As we’ll be spending quite a bit of time discussing innovation, and as an accompaniment to Dick Cox’s presentation tomorrow (2/25/14), I thought I would post some information about the 1980 Bayh-Dole Act, which created opportunities for universities (and other institutions receiving federal research dollars) to own and commercialize their intellectual property.
You’ll want to pay particular attention to the rotating images in the upper-right hand corner of the page, which give some examples of novel inventions commercialized by the universities where they were developed.