Industry engagement and research contracts
Research and commercial projects involving the generation and potential commercialisation of intellectual property may require specific agreements, registrations and formal disclosures to protect and manage the IP generated. A commercialisation agreement will be entered either via the research project agreement or via a separate commercialisation agreement.
Confidentiality agreements keep specified information confidential. They are used to allow discussion or assess to commercially sensitive information or materials of a confidential nature without making a public disclosure.
Confidentiality agreements prepared by RMIT Legal Services (login required).
An Invention Disclosure Form (doc 46kb) is provided to gather information which will assess whether or not the invention might be suitable for commercial development, revenues from which are shared with inventors.
Management of student intellectual property
Under RMIT’s Intellectual Property Policy, students own intellectual property created by them in the course of their studies, unless RMIT has provided funds, equipment, facilities or supervision, in which case, RMIT may require assignment of intellectual property rights prior to project commencement.
RMIT encourages student participation in industry-funded research projects. In some instances, student involvement in contract research is also permitted. Student participation in projects for which RMIT and an outside party plan to enter into an agreement covering intellectual property rights will normally require a completed Student Participation Agreement (PDF 20kb).
Commercialisation terms and agreements
Research projects involving external organisations would normally include commercial terms to address what would occur if there were commercial outcomes from the project. These would include rights of ownership, benefit, background intellectual property and who will commercialise the IP. Agreements involving commercial terms must be developed with the assistance of the Business Development staff in the College office's or by Research Collaborations and Partnerships team.
Legal agreements pertaining to RMIT research and commercialisation should be approved and signed by the DVC Research and Innovation via the Research Collaborations and Partnerships team.
Documents called Memoranda of Understanding (MOU), Letters of Intent, or Heads of Agreement are all instruments which are used to signify an intention to negotiate a contract in the future. Memoranda of understanding are useful documents to "kick- start' an agreement. An MOU is not intended to be a legally binding document. If you want a legally binding document then an MOU is not appropriate.
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