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Trillions Economic

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LicensingGlobal

Bayh-Dole Act Spurs Trillions in U.S. Economic Growth Through Academic Patent Licensing

A comprehensive report commissioned by BIO and AUTM reveals that academic patent licensing under the Bayh-Dole Act has contributed $1.33 trillion to U.S. industry output and supported over 4 million jobs from 1995 to 2015. Despite political calls for increased federal control, the decentralized system continues to dri…

Tuesday, June 20, 2017
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