The Bayh–Dole Act or Patent and Trademark Law Amendments Act (Pub. L. 96-517, December 12, 1980) is United States legislation dealing with intellectual property arising from federal government-funded research. Bayh-Dole permits universities that receive federal funding, such as the University of Wisconsin–Madison, businesses, or non-profit organizations to elect to pursue ownership of an invention, rather than obligating inventors to assign inventions to … Continue reading Bayh-Dole Act: Regulations Impacting Ownership of Patent Rights