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Open Innovation and Open Business Models - Conference of ...

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Universities as Industry Research<br />

Partners<br />

• Bayh-Dole Act <strong>of</strong> 1980 – universities can<br />

claim an ownership right to its discoveries<br />

• University research discoveries sometimes<br />

vital to industry activities<br />

– E.g., Cohen Boyer patent on recombinant DNA<br />

– $255 million paid, product sales <strong>of</strong> >$25 billion<br />

© 2010 Henry Chesbrough 19

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