Corporate R&DAn innovative program for companies to retain intellectual property
The Plan
Agreement Details
- An agreement is prepared for the partnership with appended statements of work for each project.
- Ownership of project results and newly created IP are transferred to the company.
- A mutual nondisclosure agreement is included.
- Background IP is declared if required for project completion.
- RIT retains the rights to publish freely, subject to negotiable delay for company review.
- RIT can utilize project results in teaching and future R&D while protecting the company’s confidential information.
- Company is responsible for all patenting and the costs associated.