At least as far back as the enactment of the Bayh-Dole Act of 1980 there has been an ongoing desire on the part of politicians, policy-makers and the public in the U.S., to obtain greater economic returns on the federal investment in publicly funded university research. Today among policy-makers there is an apparent belief that a capital shortage…

Some authorities on technolgoy transfer feel that industry is not fully capitalizing on the inventive output of universities and nonprofit organizations. From the point of view of the government, the stakes are high. The magnitude of federal support of research and development in these organizations demands evidence of useful results if it is to…