The Bayh-Dole Act gives universities the ability to “elect to retain title” to patents generated with federal funds. The Supreme Court recently considered whether Bayh-Dole automatically grants such title to universities or whether universities are required to obtain assignments from their employees. In a decision with potentially broad impact for universities, the Supreme Court held that Bayh-Dole Act does not automatically vest patent rights with the federally funded institution.
August 09, 2011
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