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New Biden proposal legitimizes foreign IP theft

America’s position as a global tech leader is under attack from within.

President Biden announced the government can claim patent rights on federally funded, private-sector inventions it deems unreasonably priced. As justification, he cites a 43-year-old law called the Bayh-Dole Act, which played a key role in establishing the United States as the world’s most innovative nation.


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