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Attacks on Bayh-Dole are Attacks on Small Business
April 26 @ 1:00 pm - 2:30 pm
America is the world’s most innovative nation, thanks in large part to the Bayh-Dole Act of 1980, which enabled academic research institutions, federal laboratories, and small companies to own inventions made with federal funding so they can be developed into useful products. The law is a linchpin of our innovation system which drives our economy while bringing life-changing technologies to those here and around the world.
Unfortunately, our system is under unprecedented attack.
Opponents of Bayh-Dole and their allies in Congress are pressing the Administration to misapply the law so the government can “march-in” to ensure that resulting products are “reasonably priced” — a completely arbitrary term. The Biden Administration has endorsed efforts to giveaway critical Covid-19 technologies and private sector know-how to developing countries in pending negotiations to waive the World Trade Organization’s TRIPS agreement. And some federal agencies want to micro-manage academic patent licensing under the guise of boosting domestic manufacturing.
What all these efforts have in common is that their weight will fall primarily on our nation’s small businesses, which license approximately 70% of university inventions and do so much to make America the undisputed leader in global innovation.
Join the Bayh-Dole Coalition, small business experts, start-up company entrepreneurs, early-stage investors, and academic technology managers on April 26 at 1:00 pm ET to learn more about these threats — and how they could strangle what the Economist Technology Quarterly accurately described as America’s “golden goose.”
Register HERE: https://us02web.zoom.us/webinar/register/WN_3ob4b4WYQ9abktiOUaYK1g