Good grief. Now even the Kauffman Foundation can’t keep its mitts off Bayh-Dole, which — whatever the deficiencies of university TTOs, and I concede many — has been reasonably successful as overall federal policy. I’m going to think about this, but I definitely have some reservations about the foundation’s idea. It seems like the legal “agency” problems would be very severe and difficult to sort out. Maybe we need to see the specific statutory language they have in mind. Comment from lawyer friends? UPDATE (1/19): Ominously, Commerce Secretary Gary Locke lines up behind Kauffman and announces plans to convene the nation’s universities to talk about their contributions to economic development (not a bad idea, on the whole). One can already detect the discomfort on the AUTM web page.