Scotchmer, Suzanne - Toulouse School of Economics (TSE) - 2013
The Bayh-Dole Act allows universities to exploit patents on their federally sponsored re- search. University …&D also contribute, because they increase the profitability of licensing. Because Bayh-Dole profits are a source of funds, the … question arises how subsidies and Bayh-Dole profits fit together. I show that subsidies to the university can either "prime the …