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What follows are the prepared remarks of Senator Birch Bayh, which were to be delivered on December 1, 2010, at the AUTM commemoration at the Washington Convention Center. Senator Bayh decided to go off script and spoke contemporaneously. His prepared remarks are published here with his permission. Any emphasis by way of bold or italics appeared in the original speech as written.

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I’m delighted to be here today to say “Happy Birthday” to the Bayh-Dole Act on its 30th anniversary. It’s great to look around the room and see so many friends who worked so hard to make this day possible along with those who appreciate what the law means to our country, and indeed, the world.

Bayh-Dole teaches several lessons worth recalling:

  • A handful of motivated citizens really can change the course of a nation;
  • An idea whose time has come can bridge the partisan divide; and
  • Each generation must cherish and protect the entrepreneurial spirit that built America for it is our greatest national asset, but can also be lost if neglected or discouraged.

The story of Bayh-Dole began one day in 1978 when I received a call from Ralph Davis who ran the technology transfer office at Purdue University. When Ralph told me that potentially important discoveries made on campus were being prevented from fully benefiting the taxpayers supporting the research, he had my full attention. When he said that Purdue’s experience was shared by universities and small companies across the nation, I told him to let me know what needed to be done. He did, and set the wheels in motion for what was to become the University and Small Business Patent Procedures Act of 1980, commonly known as Bayh-Dole.

To read the full, original article click on this link: Statement of Senator Birch Bayh on the 30th Anniversary of the Bayh-Dole Act | IPWatchdog.com | Patents & Patent Law