How is ownership of intellectual property (IP) determined when research is sponsored by a company?
Every sponsored research project, including those funded by the federal government or other non-profits, has an associated research agreement. These agreements address many issues and contingencies including the issue of ownership and allocation of IP rights to patents and/or software which result from project discoveries. For government sponsored research, IP rights are relatively standard for patents but not for software. When research is sponsored by a company, the subject of IP rights in the sponsored research contract typically requires careful attention. OTTED collaborates with the VUMC Office of Sponsored Research and the University Central Division of Sponsored Research by reviewing and negotiating the IP rights provisions in these agreements and seeking review by the General Counsel’s office as necessary. In recognition of project sponsorship, the sponsor is often provided with an option to license the IP rights from Vanderbilt to make, use, have made, or sublicense the techno
Related Questions
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