Oklahoma § 74-5064.2

§ 74-5064.2.

Legislative findings.

The Legislature recognizes the numerous benefits to the state's

economic base from the establishment of businesses by inventors and

the numerous benefits provided by inventors which include industrial

diversification, broadening of the economic base, a great

proliferation of jobs, providing financial benefits to our citizens

through a greatly expanded tax base and new products and processes

for the nation's consumers.

It is estimated that ninety-five percent (95%) of all inventions

are never authoritatively considered primarily because inventors are

unfamiliar with the business environment or financial structure

necessary for implementing their proposals.

The Legislature therefore recognizes a need to encourage and

assist inventors and, at the same time, to position this state as a

leader in advanced and high technology and to foster a climate for

those leaders of this state, the nation and the world.

Added by Laws 1987, c. 121, § 2, eff. Nov. 1, 1987.