Navigating the Complexities of Bayh-Dole Act Compliance

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Summary:

The Bayh-Dole Act requires academic and non-profit institutions to comply with its regulations. This includes:

Federal grant recipients and subcontractors must adhere to the Act's provisions.
Compliance challenges include timely reporting of inventions, documentation of commercialization efforts, and preference for U.S. industry when licensing inventions.

To maximize the benefits of the Act, institutions must understand the requirements and follow best practices.

Key Points:

Federal grant recipients must comply with the Act
Subcontractors are also required to comply
* Timely reporting, commercialization, and preference for U.S. industry are key compliance requirements

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