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Simple English definitions for legal terms

Patent and Trademark Law Amendments Act

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A quick definition of Patent and Trademark Law Amendments Act:

The Patent and Trademark Law Amendments Act, also known as the Bayh-Dole Act, is a law that allows the U.S. Government to take ownership or require licensing of inventions made by small businesses and nonprofit organizations while participating in federally funded programs. If an entity funded by the government creates an invention during a federally funded program, they must disclose it and can choose to keep the rights to it by filing a patent application. However, the government can still intervene and require the entity to grant licenses in certain situations. This law is found in 35 USCA §§ 200-212 and is also referred to as March-In Rights.

A more thorough explanation:

The Patent and Trademark Law Amendments Act, also known as the Bayh-Dole Act, is a federal law that allows the U.S. Government to take ownership or require licensing of inventions made by small businesses and non-profit organizations while participating in federally funded programs.

For example, if a small business receives funding from the government to develop a new technology, the government may require the business to disclose any inventions made during the project. The business can choose to keep ownership of the invention and file for a patent, but the government still has the right to force the business to grant licenses to others if necessary.

The purpose of the Bayh-Dole Act is to encourage innovation and the commercialization of new technologies by allowing small businesses and non-profit organizations to retain ownership of their inventions and benefit financially from them.

Patent and Trademark Depository Library | Patent and Trademark Office

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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