2011 01 27 Patents and IP

2011 01 27 Patents and IP - PUBPOL-481/PHYSICS-481: WINTER...

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PUBPOL-481/PHYSICS-481: WINTER TERM 2011 NATIONAL SCIENCE POLICY IN THE 21ST CENTURY Professor Homer A. Neal and Professor James J. Duderstadt 8:30 – 10:00 am Tuesday/ Thursday 1120 Weil Hall January 27, 2011
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Topics for Today Patents and Intellectual Property Technology Transfer R/D at UM Midterm Exam Review
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What is a Patent?
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Patents (Wikipedia) A patent (pronounced / ˈ pæt nt ə / or / ˈ pe t nt ɪ ə /) is a set of exclusive rights granted by a state (national government) to an inventor or their assignee for a limited period of time in exchange for a public disclosure of an invention. The procedure for granting patents, the requirements placed on the patentee, and the extent of the exclusive rights vary widely between countries according to
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What is a License?
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Bayh-Dole -Legislation passed in 1980 -Legislative effort through 1960’s and 1970’s -Aim of Bayh-Dole or the Patent and Trademark Law Amendment Act of 1980: move technologies developed in university research labs into the public sector -Provisions: – universities are obligated to licenses technologies developed; a portion of revenue from licensing fees goes to the inventor and a portion to research; “march-in” rights -In 1980, government had 28,000 patents, 5% licensed to industry -Before 1980 Universities held 250 patents -In FY2000, over 3,500 patents issued to universities and over 4000 licensing agreements executed b/w universities and industry -Since 1980, over 3000 start-ups based on technologies developed at universities -AUTM
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Bayh-Dole Policy issues: -Some question whether universities should be in the business of “doing business” -Are the primary objectives of the academy – education and scholarship and knowledge creation being overshadowed by profit motives? -The tax-payer “paying twice” complaint (is it real?)
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This note was uploaded on 11/15/2011 for the course PUBPOL 481 taught by Professor Duderstadt during the Winter '11 term at University of Michigan.

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2011 01 27 Patents and IP - PUBPOL-481/PHYSICS-481: WINTER...

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