Foreground Intellectual Property (2019)
Negotiation of research agreements is an integral aspect of University-Industry partnerships. Successful research agreements ensure that the interests and needs of both parties are accommodated.
Intellectual property terms are a key component of university-industry partnerships. Foreground Intellectual Property (FIP) meaning potentially patentable inventions may be conceived and reduced to practice during performance of an industry sponsored research agreement. Negotiation of the FIP clauses helps to assure that the parties understand each other’s expectations regarding the probability of FIP, access to, use and control of it to enable commercialization or further development as appropriate.
This session will address various aspects of defining and allocating right in foreground intellectual property along with practical considerations and related in a sponsored research agreement.
About the Series
UIDP Academy presents a ten-part webinar series on contemporary issues and opportunities for effective negotiation of industry-sponsored research agreements (ISRAs). This series is strategically designed to offer seasoned contracting professionals, as well as novices and others who just want to learn more about the general contracting issues affecting ISRA negotiations, an opportunity to discuss a broad range of contracting matters. More information about ISRAs can be found in UIDP’s Contract Accords.
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