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Witnesses urge modernization of technology‑transfer laws and new approaches for commercializing federally funded research
Summary
Witnesses and members discussed Bayh–Dole and other technology-transfer frameworks, with proposals ranging from legislative modernization to a national IP bank to accelerate commercialization of federally funded discoveries.
Several witnesses told the committee that accelerating the movement of federally funded research into commercial use requires revisiting statutory and institutional practices.
Dr. Heather Wilson said technology transfer is an area needing “big thinking.” She proposed rethinking current intellectual-property arrangements for federally funded research, including the possibility of a national IP bank that would…
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