Universities play a pivotal role in America’s technology economy, serving as a crucial source of research, inventions, patents, start-up technology companies, and regional economic and employment growth. The Bayh-Dole Act has played an instrumental role in spurring academic technology transfer activities that serve as vital drivers of American innovation.

https://itif.org/publications/2025/06/16/bayh-dole-acts-role-in-stimulating-university-led-regional-economic-growth