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NAS report makes recommendations on improving universities’ management of intellectual property

OCT 06, 2010
Physics Today
Chronicle of Higher Education : A new report from the National Academy of Sciences, Managing University Intellectual Property in the Public Interest , recommends that technology transfer be a high priority for research universities, but that they should also become more realistic about the limited potential for making lots of money from the commercialization of their research. The report, developed by a panel of 18 academic and industry officials over the past two years, reexamines the system put in place by the BayhDole Act of 1980, which gave universities intellectual property control of their inventions that resulted from federal funding. Among the 15 recommendations in the report is the call for universities to devise a new system for measuring the broader social and economic impact of technology transfer.
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