The Licensing Executives Society (USA and Canada), Inc. (LES) will appear in a Capitol Hill briefing addressing the importance to the U.S. economy of the Bayh-Dole Act. LES will be represented by its President and Board Chair, Brian P. O’Shaughnessy, a shareholder in the Washington DC office of RatnerPrestia. The Policy Briefing, which will also feature Joseph P. Allen, Former U.S. Senate Judiciary Counsel for Sen. Birch Bayh; and Stephen J. Susalka, Executive Director, Association of University Technology Managers (AUTM), will be held in the U.S. House of Representatives Rayburn Office Building, Monday, November 28, 2016 at 12:00 PM, and will be hosted by the Eagle Forum.
The Policy Briefing will examine the critical role that U.S. universities play in supporting the innovation economy, and in stimulating the commercial development of new technologies and new industries. The Bayh-Dole Act is the cornerstone of university technology transfer whereby the products of university-led research are brought into the commercial realm and developed for the common good. As other economies around the world have begun implementing their own versions, the Bayh-Dole Act itself has come under attack here in the country of its birth. The panel will address the role that the Bayh-Dole Act has played in stimulating investment in sponsored research at America’s universities, and in economic development, at both regional and national levels, by bringing the fruits of such research out into the marketplace.