“It will strengthen academia-industry linkage”
An Indian Act (under the consideration of the Government of India) on the lines of the U.S. Bayh-Dole Act will propel the linkage between academia and industry, said G. Ranganath, Principal, Adhyamaan Engineering College here recently.
The Bayh-Dole Act allows for the transfer of exclusive control over many government-funded inventions to universities and businesses operating with federal contracts for the purpose of further development and commercialisation. The contracting universities and businesses are then permitted to exclusively license the inventions to other parties.
The federal government, however, retains ‘march-in’ rights to license the invention to a third party, without the consent of the patent holder or original licensee, where it determines the invention is not being made available to the public on a reasonable basis.
In his welcome address at the first International Conference on “Infrastructure Development on Expansive Soils – INDEX – 09’’ Dr. Ranganath said this was a prerequisite for a harmonious relationship between industry and academia, a clear, cogent and transparent framework for ownership of the new knowledge and for fair sharing of the benefits resulting from the commercial success of joint efforts. This would stimulate innovation and lead to increased private investment in research and development activities, he said.
Dr. S.H. Kuswaha, Director, Bhaba Atomic Research Centre, Mumbai inaugurated the conference. Dr. M.R. Madhav, Vice President, Asia International Society of Soil Mechanics presided.
As many as 75 delegates including 8 from abroad participated. A 709-page volume of research papers and a souvenir was released.
The conference was sponsored by the Department of Science and Technology, Ministry of Earth Sciences, Department of Space, DRDO and AICTE and organised by the Department of Civil Engineering, Adhyamaan College of Engineering, Hosur.
Professor A.J. Puppala, University of Texas, Arlington proposed a vote of thanks.