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Oklahoma panel clears bill directing Regents to update university tech-transfer rules
Summary
The Senate Technology and Telecommunications Committee approved a bill directing the State Regents to update technology-transfer guidance for Oklahoma universities, including a tiered ownership framework and a periodic review to better turn campus research into companies and jobs.
Senator Reinhardt told the committee that Senate Bill 16 70 "simply requires the state regents to update the current technology transfer guidance for Oklahoma universities," establishing a tiered ownership framework and requiring a review period to modernize rules last drafted in 1989.
The bill’s sponsor said the change aims to help Oklahoma universities move research into commercial ventures and to attract advanced industry and jobs. "This will help us do a better job of turning ideas into companies and leveraging the…
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