RALEIGH, N.C. - University commercialization. One of the most complicated, yet promising, functions of entrepreneurial communities.
It's been around since 1980, when the federal government passed the Bayh-Dole Act and made it possible for universities (and nonprofits and private corporations) to own intellectual property rights to federally-funded research. What universities do with those rights is what is continually up for discussion. And that's mostly because universities are best at education, not launching businesses.
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