in 1980 with a bipartisan majority the congress passed lahoud president carter signed which provided for the federally funded research to the university's the result in commercially valuable findings to be licensed to the private sector on terms determined by the university because it was recognized that the private sector would be able to make the most of the commercial development and most colleges couldn't run their own businesses, should be starting businesses and doing it. that transfer system has worked pretty well for three years and one of the things that i argued in my book is that all of the colleges in the country there during this, and i have a young cousin who does this work at texas a&m university and i love talking to him -- >> he does get a shout out in the book. >> yes. i've got to take care of my family, right? [laughter] the the best transfer program is probably mit's because they never take any money. they only take stock in the new company. they will give a professor a year off to work in the company, but professor must promise after a good year to build in a pro