Bayh-Dole Act

Source: International Energy Agency
Last updated: 31 July 2024

This 1980 legislation awards title to inventions made with federal government support if the contractor consists of a small business, a university, or other nonprofit institution. The government retains a “nonexclusive, nontransferable, irrevocable, paid-up license” for its own benefit. 

Want to know more about this policy ? Learn more