Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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Dear Secretary Raimondo, Dr. Olthoff, and Dr. Lander,

In 1980, lawmakers passed the groundbreaking Bayh-Dole Act and ignited four-plus decades of American innovation.

The bipartisan law enabled universities and non-profit institutions to secure patent rights on government-funded breakthroughs. Before the Act, there was no simple path from academic laboratory to consumer. By encouraging technology transfer from universities to the private sector, this seemingly simple reform laid the groundwork for extraordinary economic growth.