Program agenda:
- Understanding the parties’ interests:
- Motivation for entering into an agreement
- Research and business cultures
- Knowing the overall objectives of each party
- Best practices for negotiating difficult key provisions:
- IP rights, present and future
- Liability
- Indemnification and more…
- How to avoid risks to tax exempt status
- Examples of model language that leads to effective collaboration
- Facing and overcoming licensing challenges:
- Sublicenses
- Licenses meant to advance sponsored research
Industry-sponsored research has become a critical source of funding for many university labs in the face of dwindling federal grant dollars.
For many projects it’s the lifeblood keeping research and innovation moving forward. However, when companies fund university innovations, many will seek ownership of the research results, including all IP rights, and sometimes even a portion of the future inventions created from the sponsored research.
A properly executed sponsored research agreement is imperative to protect the university’s stake. Typically, an SRA will address ownership, licensing rights, confidentiality, rights to future IP, and enforcement of all IP rights. Each term and condition of the agreement requires expert analysis and negotiation.
That’s why we’ve recorded this critically important one-hour program.
Our experts — who have vast experience on both sides of the table — will examine key considerations and outline critical provisions, while offering best practices for drafting and negotiating SRAs that protect your university’s interests without turning off industry sponsors.
