Industry Sponsored Research Agreement

A SRA is a contract that is used when a company provides Stanford with funds for a particular researcher to follow a given area of research within a set time frame. The search once the contract is signed, the search begins. During the research project, it is possible to develop a new intellectual property that should be disclosed to the ITG. When intellectual property is developed during the research, ITG will inform the company and ask if it is interested in licensing intellectual property. At the end of the research project, results and reports may be made available to the company. The memo`s claims are documented in “Model Language for Patent and Licensing Agreements for Industrially Sponsored University Research In Information Technology” (140 KB PDF) by J Strother Moore, University of Texas, Austin. Also visit: archive.cra.org/reports/ip/. Additional information and standard agreement formulas will be provided. A sponsor may accept the use of the university`s standard SRA (Cost Reimbursable) or a standard SRA (fixed price). In other cases, the parties may find it advantageous to develop negotiated key terms. However, the university, as an agency of the State of Texas, has certain restrictions on the applicability of certain contractual conditions.

Those interested can get more information about university-sponsored research by reading the Principles – Policies for Sponsored Activity Guide. The goal of the SRI goal and faculty are to make the sponsored research process a rewarding experience for businesses, so that they want to continue to work with the university so that they can continue to conduct useful research, which will benefit both the sponsor and the UCI and the general public. Industry gifts are processed by the Development Office. Research and development in university departments close to computer science is largely funded by two mechanisms: federal scholarships and university research agreements (SRAs). Commercialization of intellectual property from federal grants is required (if any) under the Bayh-Dole Act. The law defines ownership requirements and defines “standard practice” for promotion organizations. However, the practices of the university industry are very different and are primarily determined by the needs of stakeholders. These agreements can take many forms, as explained in the next section.

Preliminary discussions on a sponsored project can begin long before an industrial partner is ready to create an SRA. However, before the OIE can develop a SRA project, the project`s principal investigator (PI) must first submit a proposal for a draft revision and approval to the OIE. A proposal must include at least one work account, a project budget and a budget statement. Additional information and documents may be requested during the proposal review process. If the sponsor and IP wish to move forward with the proposed project, an ASA project will be developed, including the approved establishment and budget, as well as the agreed amount of funding, the payment plan and all known core intellectual property rights of the PN/COP. First, patent protection is rarely the best form of IP protection.