A Japanese law that takes effect this autumn will promote technology transfer from universities and government laboratories to the commercial sector. The technology-transfer bill, based on the influential Bayh-Dole legislation passed almost 20 years ago in the United States, is part of a policy initiative aimed at improving links between government, industry and academia. It underpins prime minister Keizo Obuchi's Millennium Project, which aims to foster new industries in areas such as biotechnology, information technology and environmental engineering.
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