Overview
- Commerce Secretary Howard Lutnick said the government wants a share of revenue from patents created with federal funds at major universities.
- He confirmed sending Harvard a demand for a comprehensive list of federally funded patents and said similar outreach to the University of California system is next.
- Lutnick argued taxpayers should receive “half the benefit” from such patents, suggesting the proceeds could help finance Social Security and reduce deficits.
- The proposal challenges the Bayh-Dole framework that lets universities retain ownership of federally funded inventions and could reshape research commercialization incentives.
- Lutnick cited recent deals as precedent, including a roughly 10% federal stake in Intel and a 15% share of Nvidia’s AI chip revenue in China, along with broader White House pressure on colleges over admissions, DEI policies and antisemitism.