The Thai Bayh-Dole Act: A New Dawn for Government-Funded Research in Thailand

The Thailand Research and Innovation Utilization Promotion Act B.E. 2564 (2021) (TRIUP Act), which is also referred to as the Thai Bayh-Dole Act, came into force on May 7, 2022. The enactment of the TRIUP Act is a culmination of years of deliberation by the Thai government and various stakeholders, and is modeled after the success of the adoption of the Bayh-Dole Act in other jurisdictions, such as the United States, Japan, and Korea.