Bob Dole on CorporationsFormer Republican Senator (KS) | |
This made no sense at all. Why pour all that money into research if you're not going to use its fruits? That was the question asked by two senators from opposite sides of the aisle, Democrat Birch Bayh and Republican Bob Dole. Together they sponsored the Patent and Trademark Law Amendments Act of 1980, which allowed institutions to commercialize innovations that came out of government-funded research. Bayh-Dole was a classic example of a successful marriage between the public and private sectors, one that had real-world benefits.