12/28/2023 Download the new version for apple Dr. Professor Scientist's Weapons Testing FacilityRead Now![]() ![]() The office holds patents on technologies that are being used (or have the potential to be used) to treat cancer, detect chemical weapons, help skin grow back scar-free, stymie computer hackers, monitor the blood pressure of premature babies, produce new turfgrass and apple varieties, and much more. Since its inception in 1992, Purdues Office of Technology Commercialization has licensed technology to 40 start-up companies, of which 23 are Indiana firms. The impact of the Bayh-Dole Act can be measured by the subsequent increase in the number of institutions engaged in technology-transfer efforts and the rise in the number of patents issued to universities. In addition to creating a uniform patent policy, the law gave American universities intellectual property control over their inventions, even if the inventions were the fruit of government-funded research. Davis, now retired, has been credited as the underlying force in the Bayh-Dole Act (or Patent and Trademark Law Amendments Act), which Bayh co-authored with Sen. ![]() ![]() 1951) to help revise government patent policies in order to stimulate the transfer of technology from the academic sector to the marketplace. ![]() Ralph Davis, from Purdues first patent office, asked Indiana's U.S. People in Indiana are familiar with the University's "Go Businessmakers!" ad campaign and the Purdue Research Parks slogan "The idea economy is here!" These initiatives, and similar ones by universities across the nation, stem from lobbying efforts by Purdue that helped changed federal law 25 years ago. Purdue is one of America's most aggressive universities in its efforts to lead state economic development. ![]()
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