Across the world countries have implemented a national approach to university-industry partnerships to boost economic growth. One example is the United States of America, which introduced the Bayh-Dole Act in 1980. This Act facilitated commercialisation of new technologies and other inventions that emerged from Government-funded research and development and the transfer of technology from universities to industry through a proliferation of university-industry partnerships.
Image: http://www.jamaicaobserver.com