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IP Policy

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IP Policy

  • 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