title: MORE THAN MONEY: THE EXPONENTIAL IMPACT OF ACADEMIC TECHNOLOGY TRANSFER.
abstract: Academic technology transfer in its current form began with the passage of the Bayh-Dole Act in 1980, which allowed universities to retain ownership of federally funded intellectual property. Since that time, a profession has evolved that has transformed how inventions arising in universities are treated, resulting in significant impact to US society. While there have been a number of articles highlighting benefits of technology transfer, now, more than at any other time since the Bayh-Dole Act was passed, the profession and the impacts of this groundbreaking legislation have come under intense scrutiny. This article serves as an examination of the many positive benefits and evolution, both financial and intrinsic, provided by academic invention and technology transfer, summarized in Table 1.
authors: University of South Florida, Tampa, FL, USA ; Association of University Technology Managers, Deerfield, IL, USA.
authors: Valerie Landrio
authors: VL
authors: McDevitt
authors: University of South Florida, Tampa, FL, USA.
authors: Joelle
authors: J
authors: Mendez-Hinds
authors: University of Alabama at Birmingham, Birmingham, AL, USA.
authors: David
authors: D
authors: Winwood
authors: Boston University, Boston, MA, USA.
authors: Vinit
authors: V
authors: Nijhawan
authors: Emory University, Atlanta, GA, USA.
authors: Todd
authors: T
authors: Sherer
authors: Princeton University, Princeton, NJ, USA.
authors: John F
authors: JF
authors: Ritter
authors: University of South Florida, Tampa, FL, USA ; National Academy of Inventors, Tampa, FL, USA.
authors: Paul R
authors: PR
authors: Sanberg
keywords: Academic innovation; Bayh–Dole; Commercialization; Innovation; Start-ups; Technology licensing; Technology transfer