Government Use of Federally Funded IP: It’s Not as Simple as You Think
The Bayh-Dole Act provides the federal government with a “nonexclusive, nontransferable, irrevocable, paid-up license” to technologies developed with federal funding. But this provision is not as simple and straightforward to follow as you might think. Questions abound when your licensee’s products containing your federally funded IP are purchased by government customers. This 50-minute webinar answers FAQs and provides practical advice for structuring agreements involving federally funded IP. Panelists discuss the limits and exceptions to the federal government’s rights in various scenarios as well as how to think through the tech transfer office’s obligations.