Re: Contracting with private industry Herbert B. Chermside 11 Aug 2003 10:04 EST
We have found that industrial agreement require consideration of publication and of IP rights in every agreement. It is our policy that the PI MUST be able to publish reasonably rapidly, and that the industry may comment on, but not control, what is to be published. We do agree to remove any company-proprietary information from the pub. Our results are NOT company proprietary! We offer the sponsor a first OPTION (has an expiration date, unlike the usual "first right of refusal"), usually exclusive, to negotiate for a royalty bearing license (cannot specify a royalty rate prior to knowing what the IP actually is, or we loose the right for the University to issue tax-free bonds), AND a no cost license for their in-house research purposes only, to the technology during the period of the option. In collaborations, if we invent it is ours, if they invent, it is theirs, and if it is jointly invented it is jointly owned. If jointly owned we will set a royalty if they want to control our share, or alternatively we will agree between us when we know what the IP is who will take the lead in commercializing. We always retain a shopright for research and education. This has worked for us for a number of years. Some language is attached. Chuck At 09:21 AM 8/11/2003 -0500, you wrote: >Greetings from NDSU! > >We are trying to resume negotiations with a private industry on sponsored >research agreements/collaborations. IP was the sticking point last time, >although a shortfall in funding also played a role. In our discussions on >where to go from here so as not to repeat the previous results of our >negotiations, we talked about trying to eliminate the IP/licensing language >from the research agreement. The thought being that we would only deal >with it at the stage when there is actually something to talk about, >instead of at the start of a project before we know whether there is >anything of value. I know this is not a novel idea, and that other >institutions have taken this approach. I'd love to hear from any >institutions that have done this, and how accepting the private industry >has been to this arrangement. You can reply directly to me if you wish. > >Thank you in advance for sharing your approach! > >Val Kettner >Assistant Vice President >Sponsored Programs Administration > >P.S. I just finished reading Bob Killoren's article in the July/August >NCURA newsletter on the collaboration between NCURA and the >Government-University-Industry Research Roundtable to look at improving >industry/university research collaborations. I am looking forward to the >meeting next week in San Francisco for additional insight. > > >====================================================================== >Instructions on how to use the RESADM-L Mailing List, including >subscription information and a web-searchable archive, are available >via our web site at http://www.hrinet.org (click on "Listserv Lists") >====================================================================== ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ======================================================================
Herbert B. Chermside, CRA Director, Sponsored Programs Administration Virginia Commonwealth University PO BOX 980568 Richmond, VA 23298-0568 Express Delivery Only: Biotech One, Suite 113 Virginia Biotechnology Research Park 800 East Leigh Street Richmond, VA 23219 Voice: 804-828-6772 Fax 804-828-2521 OFFICE e-mail xxxxxx@VCU.EDU Personal e-mail xxxxxx@vcu.edu http://www.research.vcu.edu/ospa.htm ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ======================================================================