Achieve Announces Advancement of Cytisine Clinical Development Program. The impacts of academic patent licensing on GDP are up 14 while the number of U. S. jobs supported rose 12 since the previous report issued two years ago. News. Expanded blockchain investment within Europe EY is expanding its European teams that develop innovative products based on blockchain technology. Gmail is email thats intuitive, efficient, and useful. GB of storage, less spam, and mobile access. Welcome to BiometricUpdate. Find companies and search this page to get more acquainted with. As the nations premier nuclear science and technology lab, INL leads research, development and demonstration projects to help the nation maintain and expand its use. Advanced Skin Care Llc Skin Wellness Clinic Advanced Skin Care Llc Anti Ageing Mask Best Anti Aging Night Cream For Women Over 60. Qualcomm is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. Academic Patent Licensing Helps Drive the U. S. Economy IPWatchdog. Despite attempts to undermine our technology transfer system, its impact keeps growing and growing. Just as some politicians are increasing their calls for Washington micromanagement of  the Bayh Dole law which allows universities and federal laboratories to license federally supported inventions for commercial development a new study shows how impressively the current decentralized, market driven system is performing. Thanks to the enduring effectiveness of the Bayh Dole Act, American research universities, along with industry partners, are turning federally funded basic research into new and valuable products that save and improve lives. The commercialization of university based research to create new companies and good, high paying jobs is a key driver of Americas innovation economy, said Biotechnology Innovation Organization BIO President CEO Jim Greenwood. This updated study demonstrates that fact. At a press event during its on going annual meeting, BIO just released the latest in a series of reports it commissioned with the Association of University Technology Managers AUTM measuring the economic impact of the Bayh Dole patent licensing system. Titled The Economic Contribution of UniversityNonprofit Inventions in the United States 1. During this twenty year period, academic patent licensing contributed as much as 1. U. S. gross industry output,  5. American jobs. No other nation comes close to matching these numbers. Whats even more impressive is the impacts on gross industry output and GDP are up 1. U. S. jobs supported rose 1. Thats remarkable at a time when the overall U. S. economy has been treading water. A chart from the report drives the point home The study was produced by an impressive team including the former Assistant Director of the MIT Technology Licensing Office, and former senior officials at the Commerce Departments Bureau of Economic Affairs, the National Science Foundation and SRI International. While the attacks on Bayh Dole and the patent system are largely driven by emotion, heres some additional data BIO cited thats worth considering over the past 2. Technology Development And Licensing Llc Meaning WikipediaAdditionally, the FY 2. Association of University Technology Managers found that in one year 1,0. FY 1. 4 8. 79 new products based on academic inventions were introduced into the marketplace, averaging 2. Products based on academic patent licenses generated more than 2. FY 1. 4. Approximately 7. Another new study by the Intellectual Property Owners and the National Academy of Inventors of the Top Worldwide Universities Granted U. S. Utility Patents 2. It  shows that 9 of the top 1. American.  While all technology sectors have benefitted from our leadership in transforming government sponsored inventions into commercial products, the greatest impact has been in the life sciences. Here the U. S. dominates the rest of the world by a wide margin and publicprivate sector R D alliances are a big reason why. Our biotechnology industry is strongly rooted in academic research and continues to form around universities, with an impressive number of companies either spinning off campus or formed around academic patent licenses. Often overlooked is how much risk is involved in taking federally funded inventions to the marketplace. These inventions are typically at a very early stage when government support ends, more like ideas than products. A Study in Nature estimates that companies spend 1. Even so, the odds against success are long, particularly in the development of new drugs and vaccines. For every 1. 0,0. Of those, only 2. This risk and expense is assumed by the private sector. When a new product fails, the company takes the hit, people lose their jobs and businesses often go under. Still our entrepreneurs continue to rise to the challenge. Before Bayh Dole not a single new drug was developed when the government took patents away from the inventing organizations, making them available through non exclusive licenses while destroying the intended incentives of patent ownership. Since Bayh Dole ended this waste  of taxpayer supported research, more than 2. How ironic that the critics now tout a return to Washington control, emphasizing non exclusive licensing with the threat of compulsory licenses enforcing arbitrary reasonable pricing provisions with the bureaucracy determining reasonable prices hanging over successfully commercialized inventions as their alternative to Bayh Dole. Technology Development And Licensing Llc Meaning Dubai' title='Technology Development And Licensing Llc Meaning Dubai' />Get the latest science news and technology news, read tech reviews and more at ABC News. Intercultural Development Inventory IDI LLC specializing in the assessment and development of intercultural competence based on the IDI. That sounds similar to Venezuelas economic model. A key underpinning of the successful Bayh Dole decentralized technology management formula is  a strong, reliable patent system. Members of Congress would be well advised to leave our tech transfer laws alone, focusing their attention on restoring badly shaken confidence in the U. S. patent system. With that done, who knows how high the numbers in BIOs next economic impact report will be  Thats a much better course than following the critics back into the swamp. Warning Disclaimer The pages, articles and comments on IPWatchdog. 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