ISSN: (Online) 2321 -4155
ISSN: (Print) 2320 -7000

JOURNAL OF INDIAN RESEARCH
VOLUME : 2, ISSUE : 2, April-June, 2014 (ISSN No. : 2321-4155)
 
MUST-HAVE INTELLECTUAL PROPERTY CLAUSES IN INDUSTRY-SPONSORED RESEARCH AGREEMENTS
Vijay Iyer & Devanshi Patel
 
ABSTRACT
Intellectual Property (IP) clauses in industry-sponsored research agreements determine the fate of any IP emerging out of a sponsored research project performed by an academic research institution. Generally, these clauses serve to protect the interests of the parties involved in the project and lay out the modalities for the seamless commercialization of project outcomes. The key IP clauses in industry-sponsored research agreements include confidentiality, prompt disclosure of IP, ownership determination, patent administration, and commercialization rights.
 
KEYWORD
commercialization, confidentiality, institution, intellectual property, invention, sponsors.
Copyright@2012.mewaruniversity.in