Did the Chinese Bayh-Dole Act encourage the activities of technology transfer? An answer from a legal system

ABSTRACT

Technology transfer law plays an important role in promoting technology transfer. There is a sound technology transfer legal system in the United States, which makes a huge impact on many other countries, including China. As the main body of technology transfer, the functions and responsibilities of national scientific research institutions in China and the United States are very similar, but the efficiency of technology transfer between them is hugely divergent. Based on patent data, this study compares the efficiency of each section in the technology transfer process, and analyzes the reasons for the efficiency difference from the perspective of technology transfer legislation in the two countries.

KEYWORDS:

• National scientific research institutions
• technology transfer efficiency
• patent
• technology transfer law
• comparative study

Acknowledgements

The work described in this paper was fully supported by a grant from the National Natural Science Foundation of China (No. 71874173). The research work of this paper is supported by the Humanities and Social Science Foundation of Anhui Provincial Department of Education (No.: SK2018A0570).

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Funding

This work was supported by National Natural Science Foundation of China [grant number 71874173]; Humanities and Social Science Foundation of Anhui Provincial Department of Education [grant number SK2018A0570].

Notes on contributors

Cong Zhu

Cong Zhu is a Ph.D. candidate in the School of Management of the University of Science and Technology of China. Her primary research interests are management of technology, crowdfunding and investor sentiment.

Xingteng Li

Xingteng Li is a Ph.D. candidate in the School of Management of the University of Science and Technology of China. His primary research interests are management of innovation, technology and intellectual property.

Yuee Chen

Yuee Chen is a Ph.D. candidate in the School of Public Affairs of the University of Science and Technology of China. His primary research interests are technology transfers, foreign investment and intellectual property.