Which of the following is true about the Bayh-Dole Act of 1980?
A) It made university technology transfer activities illegal and unethical.
B) It allowed universities to collect royalties on inventions funded with taxpayer dollars.
C) It restricted provision of patents for inventions developed at universities.
D) It made investment in research and technology mandatory for public companies.

Question

Quizplus · Accepted Answer

The Bayh-Dole Act of 1980 allowed universities to retain ownership of and collect royalties on inventions developed with taxpayer funding, promoting the commercialization of academic research. It did not make university technology transfer activities illegal, restrict provision of patents, or make investment in research and technology mandatory for public companies.

Which of the Following Is True About the Bayh-Dole Act