The future of technology transfer
Universities and other non-profit research institutions play a vital role in the US innovation economy, and are key to institutions realising value from their discoveries. But as both technology and the IP landscape grow increasingly complex, they face steep challenges
Consistent with their missions, US non-profit institutions transfer knowledge through teaching, publication and service. The Bayh-Dole Act permits institutions with federal funding to retain the title to inventions developed with such funds, making IP licensing an additional method of knowledge transfer. In the nearly 40 years since the act was passed, research-intensive non-profit institutions have established technology transfer offices (TTOs) charged with implementing this approach by protecting, marketing and transferring innovations created at the institution.
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