A research agreement is a legally binding written contract that outlines the terms and conditions for conducting research between two parties, such as a company and a research institution or a university. A research agreement sample can help guide you in drafting your own research agreement to ensure that all parties involved are fully aware of their obligations and responsibilities.
The following are the key components that you should include in a research agreement:
1. Scope of Work:
The scope of work section should clearly define the type of research that will be conducted, including the research goals, objectives, methodology, and expected outcomes.
2. Intellectual Property:
This section should address who owns the intellectual property rights to the research findings, including patentable inventions and copyrightable works that may arise during the research.
The confidentiality section should outline the terms for protecting confidential information, including trade secrets, proprietary information, and other confidential data related to the research project.
This section should specify the funding source and the amount of funding provided for the research project.
The publication section should outline the terms for publishing the research findings, including authorship, copyright ownership, and the right to review and edit manuscripts.
This section should outline the conditions under which either party may terminate the research agreement, including breach of contract, non-performance, or bankruptcy.
7. Dispute Resolution:
The dispute resolution section should outline the methods for resolving disputes that may arise during the research project, including mediation, arbitration, or litigation.
In conclusion, a research agreement sample can provide you with a template for drafting your own research agreement. It is important to ensure that all the key components are included in order to protect the rights and obligations of all parties involved in the research project. By following these guidelines, you can ensure that your research agreement is comprehensive, clear, and legally binding.