“…The adoption of the Bayh-Dole Act has inspired many countries, mainly Organization for Economic Co-operation and Development (OECD) members, to replicate policies similar to this law, with the aim of fostering academic research with practical purposes of producing financial results. According to a survey performed by the Association of University Technology Managers (AUTM), other countries that have legislation similar to the Bayh--Dole Act are Brazil, China, Denmark, Finland, Germany, Italy, Japan, Malaysia, Norway, Philippines, Russia, Singapore, South Africa, South Korea, and the United Kingdom (AUTM, 2017;MUELLER;PERUCCHI, 2014).…”