Amy:

This term is always present in ACS agreements for the Petroleum Research
Fund.  It is nonnegotiable as we and many others have tried (the language
is from their charter).  We accept ACS awards provided that the PI
anticipates no inventions and will not be using the award to co-fund a
project.  Obviously, you would have a big conflict with the Bayh-Dole
regs.  As you mention, one would want to think twice before accepting a
modest award under such terms if a project had significant
commercialization potential.

Jeff

At 03:38 PM 5/14/02 -0700, Amy Hibbard wrote:
>Hello all-
>I'd like to pick your collective brains for a minute about something.  I
>have a PI who would like to submit a Type G grant to the American Chemical
>Society.  One of the terms of the grant states, " . . . any patent which is
>taken out by or on behalf of the principal investigator or the grantee
>institution, and which is derived from research funded in whole or in part
>by this grant, shall be dedicated to the public, royalty free."  Is this a
>standard term, or if not, does it sound acceptable to you?
>My knowledge of IP, though increasing, would still fit into a small box.
>The award amount is small ($35K for two years), and I would hate to sign the
>PI's rights away, particularly for such a small amount.
>Thanks for your input on what, I hope, will turn out to be a case of the
>worry-warts,
>-Amy
>
>
>Discovery consists in seeing what everyone else has seen and thinking what
>no one else has thought.
>-Albert von Nagyrapolt
>
>Amy Hibbard
>Grants Administrator
>Keck Graduate Institute of Applied Life Sciences
>535 Watson Drive, Claremont, CA 91711
>T: (909) 607-9313 / 607-7855
>F: (909) 607-8086
>xxxxxx@kgi.edu
>www.kgi.edu
>
>
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