The effect of China's Bayh-Dole Act on University Research and Technology Transfer
Résumé
The regulations on accelerating science and technology(S&T) findings conversion of 1999 impact on university research and technology transfer in China was analysed. The results show that the regulations have both positive and negative effects, i.e., it can increase university research and development(R&D) expenditures, patents, university-affiliated S&T enterprises and revenues, blocking possibilities for subsequent research by others and thus reduce the diversity of innovators in a field and the probability of cumulative developments because demand for patents or licenses increases, and a disequilibrium S&T human resources mobility between applied science and basic science in universities is caused. Furthermore, the effect of the regulations in the coast is different from that in the west. Chongqing was taken as an-example to compare the different effects in different regions.