ARTICLE
27 January 2017

Licensing Technology Developed with Public Funds: Should Patent Assertion Entities Receive Exclusive Licenses to Federally Owned Patents?

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WilmerHale
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WilmerHale provides legal representation across a comprehensive range of practice areas critical to the success of its clients. With a staunch commitment to public service, the firm is a leader in pro bono representation. WilmerHale is 1,000 lawyers strong with 12 offices in the United States, Europe and Asia.
When it passed the Bayh-Dole Act in 1980, Congress aimed to "promote the utilization of inventions arising from federally supported research or development."
United States Intellectual Property
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Co-author: Sean Reilly, general counsel of Askeladden and senior vice president and associate general counsel of The Clearing House (TCH) Payments Company, where he directs intellectual property issues.

When it passed the Bayh-Dole Act in 1980,1 Congress aimed to "promote the utilization of inventions arising from federally supported research or development."2 The act's better-known provisions permit universities, small businesses, and nonprofit institutions that use federal funds for research to retain title to patents on inventions discovered through that research.3 But for patents that the United States owns, the act also explicitly authorizes federal agencies to issue nonexclusive, exclusive, and partially exclusive licenses if certain conditions are met.

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Originally published by ABA Section of Intellectual Property Law, Landslide Magazine

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
27 January 2017

Licensing Technology Developed with Public Funds: Should Patent Assertion Entities Receive Exclusive Licenses to Federally Owned Patents?

United States Intellectual Property
Contributor
WilmerHale provides legal representation across a comprehensive range of practice areas critical to the success of its clients. With a staunch commitment to public service, the firm is a leader in pro bono representation. WilmerHale is 1,000 lawyers strong with 12 offices in the United States, Europe and Asia.
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