https://referently.com/tags/innovation-policy/ Recent content in innovation policy on Referently.com Hugo -- gohugo.io en-us Mon, 13 Apr 2026 00:00:00 +0000 https://referently.com/the-law-that-lets-universities-own-federally-funded-inventionsand-what-they-do-with-them/ Mon, 13 Apr 2026 00:00:00 +0000 https://referently.com/the-law-that-lets-universities-own-federally-funded-inventionsand-what-they-do-with-them/ Federal agencies fund billions of dollars in research every year. Some of that research produces inventions. Under a 1980 law called the Bayh-Dole Act, the universities, small businesses, and nonprofits that receive this federal funding can keep ownership of the resulting inventions—provided they meet certain reporting requirements. The theory is straightforward: give researchers and institutions a financial stake in commercializing their discoveries, and more federally funded innovation will reach the public as useful products.