2min chapter

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Industrial Policy for Biotech?

ChinaTalk

CHAPTER

What's the Bi Doe Act?

Before 19 80, if the federal government had input any money in developing like a patent or a copyright at a research institution or university, then the government reserved the first right to bring that innovation to market. The bid lac change that it allowed individuals who were working at research projects at universities and id allowed universities themselves ought to own the rights to ip that they generated using federal r and dollars. This s particularly important because it has direct bearing on fir technologies to day, on a the broader vao economy. There are just so many, a, products or processes that have grown out of university research that are now becomating start ups.

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