Resources and Tools for Bayh-Dole Compliance
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Introduction
To support our faculty, researchers, and staff in understanding and complying with the Bayh-Dole Act, PCI has compiled a comprehensive collection of resources and tools. These materials are designed to simplify the process of managing federally funded inventions and ensure compliance with all regulatory requirements.
Available Resources
- Disclosure Forms and Templates
- Participation Agreement: Must be signed by all Penn inventors and ensures that the University holds the necessary rights to manage and commercialize the invention in compliance with the Bayh-Dole Act.
- Invention Disclosure Form: Use this form to report new inventions to PCI promptly.
- Compliance Checklist: A step-by-step guide to ensure all compliance obligations are met.
- Guides and Best Practices
- Bayh-Dole Act Overview: A simplified guide to the key elements of the Act.
- Patenting Guide Tips and procedures for patenting your invention.
- Webinar on Bayh-Dole Compliance: Recorded session with experts discussing compliance strategies.
- External Links
- U.S. Patent and Trademark Office: Essential information on patent applications.
- National Institutes of Standards (NIST) Bayh-Dole Regulations: Detailed regulations from the NIH regarding federally funded inventions.
- FAQs
- Answers to frequently asked questions and real-world examples of Bayh-Dole compliance.
- FAQs on Bayh-Dole Act: Common questions about the Act and practical answers.
Using These Resources
- For New Inventors: Start with our guides and training videos to get a solid understanding of your obligations under the Bayh-Dole Act.
- For Experienced Researchers: Use our templates and checklists to streamline your compliance process.
- For Administrative Staff: Refer to the external links and FAQs for detailed regulatory information and troubleshooting.
Conclusion
Our suite of resources and tools is designed to support your efforts in navigating the complexities of the Bayh-Dole Act. By utilizing these materials, you can ensure that your work complies with federal requirements and contributes positively to the broader goals of innovation and public benefit. We encourage you to explore these resources thoroughly and reach out to the Penn Center for Innovation with any specific questions or needs.
Related Resources
Policies & Procedures
Compliance Requirements under the Bayh-Dole Act
Common Misconceptions about the Bayh-Dole Act
Resources and Tools for Bayh-Dole Compliance
Overview of the Bayh-Dole Act
About the Bayh-Dole Act
Related FAQs
What is the Bayh-Dole Act?
The Bayh-Dole Act is the federal legislation that allows universities, small businesses, and non-profits to own inventions made with federal funding. It aims to promote the commercialization of these inventions to benefit the
Who needs to comply with the Bayh-Dole Act?
Any organization that receives federal funding for research and development must comply with the Bayh-Dole Act. This includes universities, government-funded laboratories, and businesses.
How does the university handle royalties from inventions?
Royalties from inventions are distributed according to the Penn Patent Policy, which includes shares for the inventor(s), further research in the inventor(s)’ labs, schools and reinvestment in further research and technology development at the University.
What are the key requirements of the Bayh-Dole Act?
The key requirements include disclosing inventions, electing whether to retain title to the inventions, filing for patent protection, regular reporting to the funding agency and ensuring that the products developed from these inventions are manufactured in the United States when possible.
What happens if I do not disclose an invention?
Failure to disclose an invention can result in the loss of patent rights (under general patent laws) and other severe consequences, including financial penalties for non-compliance with Bayh-Dole regulations. Timely disclosure is critical to protecting your rights and the university’s interests.