University Patenting: Is Private Law Serving Public Values?

infojustice 2019-09-13

Summary:

[Lisa Larrimore Ouellette and Rebecca Weires] Abstract: ... What return does the public receive for the tax dollars spent on R&D, primarily at universities? Does privatizing this research through patent law in fact serve public values? From this social welfare perspective, could the Bayh–Dole framework be improved? In this symposium contribution, we seek to tackle these questions, including by identifying the key empirical questions that must be resolved to answer them. In short, we conclude the benefits of university patenting may justify the costs where licensees need exclusivity to undertake the costs of commercialization. For the substantial portion of university patenting that is not necessary for commercialization, evidence of other plausible benefits is not yet sufficient to justify the costs. Much of the data needed to investigate these plausible benefits — and related costs — rests in the hands of universities and federal grant agencies.

Link:

http://infojustice.org/archives/41559?utm_source=rss&utm_medium=rss&utm_campaign=university-patenting-is-private-law-serving-public-values

From feeds:

Fair Use Tracker » infojustice

Tags:

academic

Authors:

Papers

Date tagged:

09/13/2019, 19:53

Date published:

09/10/2019, 13:02