The field of technology transfer is vibrant and fast-moving, and the Bayh-Dole Act regulations shaping federal tech transfer respond and adapt to changing circumstances, new needs, and evolving developments and necessities.
Changes to the Bayh-Dole Act regulations are coordinated by the National Institute of Standards and Technology (NIST), and the latest round of regulation revisions was summarized and highlighted during a webinar hosted by the Federal Laboratory Consortium for Technology Transfer (FLC) on July 25, 2023.
The intense level of technology transfer stakeholder interest was reflected in the webinar’s viewership. Three hundred thirty-four tech inventors and representatives from businesses, government agencies, and research institutes attended the 17-minute presentation, and another one hundred fifty of their colleagues registered to view the webinar at later times.
Dr. Amy Thomsen, the FLC’s Professional Development Director, hosted the webinar, and NIST’s Associate Director for Innovation and Industry Services, Mojdeh Bahar, moderated the presentation. An overview of the regulatory changes was given by Bethany H. Loftin, the Interagency and iEdison Specialist in NIST’s Technology Partnerships Office (TPO), who led the award-winning modernization of iEdison, which is the central platform for reporting inventions and patents resulting from federal research.
Associate Director Bahar placed the revisions in context when she said, “The United States government spends more than $175 billion on research and development annually. New knowledge is essential to innovation, and in turn, innovation is essential to our economic competitiveness and national security. We have world-class universities and federal labs continuously generating cutting-edge research advancements from this investment. In order to encourage the adoption of these research outcomes, it is important that we periodically review our regulations and processes to ensure that they are up-to-date and don’t cause unnecessary confusion or barriers to the development and applicat ..
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