\n<\/p>\n
A university group warned that the proposal would stifle the U.S. innovation pipeline and hurt the American public.<\/p>\n
Commerce Secretary Howard Lutnick told Axios<\/em> he wants the federal government to get half the dollars generated from patents that universities and their researchers develop with federal funding, the outlet reported Wednesday. <\/p>\n \u201cThe scientists get the patents, the universities get the patents and the\u00a0funder\u00a0of\u00a0$50\u00a0billion,\u00a0the U.S. government, you know what we get? Zero,\u201d Lutnick says in an interview clip from the forthcoming first episode of The Axios Show<\/em>.<\/p>\n \u201cI think if we fund it and they invent a patent, the United States of America taxpayer should get half the benefit,\u201d Lutnick says, adding, \u201cif we are paying for the research, if we\u2019re paying for the lab, if it\u2019s our money, the American taxpayer\u2019s money.\u201d<\/p>\n \u201cHow do we not get our money back?\u201d he says. \u201cThat\u2019s insane.\u201d<\/p>\n As Axios<\/em> noted in its article about the interview, the Bayh-Dole Act generally gives universities the right to own patents developed with federal funding. The Commerce Department didn\u2019t return requests for comment Wednesday about how the Trump administration could legally get around that law. <\/p>\n Kate Hudson, the Association of American Universities\u2019 deputy vice president and counsel for government relations and public policy, said in an email that Lutnick\u2019s idea \u201cwould completely gut universities\u2019 ability to partner with the private sector to turn research discoveries into real-world technologies, cures, and solutions that serve the American people.\u201d<\/p>\n \u201cThe proposal would obliterate the progress that university tech transfer has enjoyed in the 45 years since the passage of the seminal Bayh-Dole Act, which facilitated new university-industry partnerships and led to an explosion of technological progress and substantial economic gains,\u201d Hudson said. \u201cIf enacted, the proposal would stifle the U.S. innovation pipeline, with the American people, not universities, being the ultimate losers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" A university group warned that the proposal would stifle the U.S. innovation pipeline and hurt the American public. Commerce Secretary Howard Lutnick told Axios he wants the federal government to get half the dollars generated from patents that universities and their researchers develop with federal funding, the outlet reported Wednesday. \u201cThe scientists get the patents,<\/p>\n","protected":false},"author":1,"featured_media":20625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[7352,2062,12686,259,781],"class_list":{"0":"post-20624","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education","8":"tag-commerce","9":"tag-money","10":"tag-patent","11":"tag-sec","12":"tag-university"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/20624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20624"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/20624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/20625"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}