On May 22nd, Sens. Moran and Warner were joined by Sens. Rubio and Coons in introducing Startup Act 2.0, a revised version of legislation proposed last December that contained questionable provisions to allow university professors to choose their own agents to help transfer their technology rather than be tied to their home university?s technology transfer office (TTO)?the so-called free agency provision. I dug into the new legislation, comparing it to the original wording, to figure out exactly what?s changed (besides the fact that the accelerated commercialization of research provisions are now part of Section 8 rather than 7). Here?s what I figured out.
Saturday, 7 July 2012
Startup Act 2.0: Free Agency Is Still There, Still A Problem
On May 22nd, Sens. Moran and Warner were joined by Sens. Rubio and Coons in introducing Startup Act 2.0, a revised version of legislation proposed last December that contained questionable provisions to allow university professors to choose their own agents to help transfer their technology rather than be tied to their home university?s technology transfer office (TTO)?the so-called free agency provision. I dug into the new legislation, comparing it to the original wording, to figure out exactly what?s changed (besides the fact that the accelerated commercialization of research provisions are now part of Section 8 rather than 7). Here?s what I figured out.
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