- Ownership of any IP arising out of in-house or sponsored or collaborative research projects will rest with the Institute in whole.
- Joint ownership with a 3rd party is possible only if there is intellectual contribution from the the 3rd party.
- In case of private funding the first right to refusal or exclusive licensing is possible within a certain agreed upon timeframe.
- Revenue arising out of IP licensing and royalty will be shared between inventor and Institute (for details read the IP policy).
For more information regarding the Institute Intellectual Property policy