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LETTERS TO THE EDITOR

Biden proposal would turn back clock on American innovation

May 15, 2024 - 00:00
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The White House just released a new proposal that would turn back the clock on four decades of beneficial collaboration between leading research universities and the private sector.The plan would stifle revolutionary innovation across a range of critical sectors, hindering the development of everything from life-saving drugs to clean-energy technologies.The administration’s proposal hinges on the 1980 Bayh-Dole Act, bipartisan legislation that created America’s world-leading innovation system. Congress passed the law to ensure that, whenever possible, promising university discoveries are translated into products and technologies that drive the American economy and benefit the public.Bayh-Dole has proven remarkably successful. Indeed, many of ...

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