New Biden proposal legitimizes foreign IP theft
- ccaplan7
- Jan 5, 2024
- 1 min read
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.