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What is the Federal mandate that requires an extramural invention tracking system?

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What is the Federal mandate that requires an extramural invention tracking system?

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New provisions to the Code of Federal Regulations came with the enactment of the Bayh-Dole Act of 1980. These provisions (CFR) stipulated the need for all grantees or contractors to report on activities involving the disposition of certain intellectual property rights that result from Federally funded research (37CFR Part 401). With the growing emphasis that is being placed on technology transfer; it is now common for universities and research organizations to have offices devoted to transfer of research results to the commercial sector, in addition to fulfilling government-reporting requirements contained in 37CFR Part 401.14. The reporting requirements contained in the federal regulations, suggest the value of a system that ensures timely communication at all points along a time frame that can last 20 years from filing a patent application to the expiration of a corresponding patent. Any system designed to track the reporting of such inventions should be designed consistent with repo

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