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What We Stand to Lose from Federal Research Funding Cuts

Authors

  • Executive Director The Bayh-Dole Coalition

Summary

  • Public and private research funding are complimentary; each additional dollar of public funding for basic research spurs over eight dollars of private sector spending.
  • The NIH tried adding “reasonable pricing clauses” to CRADAs in the 1990s, and it led to a collapse in industry partnerships. When it repealed them in 1995 and CRADAs quadrupled over the next 5 years.
  • Drastic cuts in federal research funding will lead to less research spending and fewer new products, which is why TTO professionals need to educate policymakers about the public benefits.

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