Taxing university research risks killing innovation

Proposals to tax university patent licensing could severely damage the system responsible for creating major companies like Google and Biogen. This tech-transfer mechanism has fostered innovation and led to the creation of thousands of startups. Imposing royalties could stifle the very engine that drives technological advancement and economic growth, potentially harming the nation's competitive edge. Policymakers are urged to reconsider these measures to preserve a vital source of American innovation and entrepreneurship.