The Bayh-Dole Act of 1980, along with subsequent amendments, spurred academic institutions to exploit their inventions and discoveries.

ECONOMIST: Innovation

The Bayh-Dole Act of 1980 granted universities the rights to most of the ideas that are developed in their labs with federal funds.

FORBES: Magazine Article

The third piece of the puzzle is legislation modelled on America's Bayh-Dole act of 1980, which is credited with kick-starting America's recent resurgence in technology.

ECONOMIST: The land of disappointments