RALEIGH, N.C. - University commercialization. One of the most complicated, yet promising, functions of entrepreneurial communities.
It's been around since 1980, when the federal government passed the Bayh-Dole Act and made it possible for universities (and nonprofits and private corporations) to own intellectual property rights to federally-funded research. What universities do with those rights is what is continually up for discussion. And that's mostly because universities are best at education, not launching businesses.
image: http://www.freedigitalphotos.net