Commercialization of Intellectual Property by Universities and Scientific Institutes: U.S. Experience and Possibility for its Use within Ukraine
Year: 2014
Type: article
Abstract: The model of intellectual property commercialization in the U.S. universities is reviewed. The success of this model to a large extent is provided by three fundamental conditions, which follow from the Bayh-Dole and Stevenson-Wilder laws: a) universities and federal laboratories are granted ownership rights to intellectual property developed with federal funds, b) universities and federal laboratories are given the responsibility and obligation to commercialize these rights, and c) to share the royalties and licensing fees between the university or laboratory and the inventors. The authors propose to enshrine by the law the obligation for the developer to transfer intellectual property created with public money to industry.
Source: Nauka ta innovacii
Authors: Pavlo Tsybulev, , Kyiv
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2312221751