Georgia Tech has launched a new initiative – the Contract Continuum – that will make it easier for industry to engage with university researchers at any point in the R&D process, from early stage research to product launch. This collection of research agreements offers straightforward intellectual property (IP) terms, streamlined contract negotiation and opportunities to engage with the university on a full range of R&D activities.
“Investing in research is a top priority at Georgia Tech,” said Kevin Wozniak, executive director of the Office of Industry Engagement. “These new contracting mechanisms make it easier for industry to collaborate with our researchers and access our facilities.”
The university has developed four types of agreements for industry-sponsored research:
- Basic Research Agreement for exploring potential solutions in a broad subject area
- Applied Research Agreement for identifying solutions to targeted problems
- Demonstration Agreement for developing incremental improvements for an existing technology
- Specialized Testing Agreement for evaluating new and existing products
Designed to mirror the private sector’s research and development process, these four agreements allow industry collaborators to get involved at whatever stage of development matches their needs. In particular, the Contract Continuum creates more opportunities for industry to partner across the development spectrum.
“We are extremely pleased with the response we’ve had from industry,” said Wozniak. “The Contract Continuum minimizes negotiations and provides clear IP terms, which makes it very appealing for industry to work with Georgia Tech.”
As a leader in industry-funded research and technology transfer, Georgia Tech also benefits from the Contract Continuum. These agreements ensure that the university’s promising innovations have the greatest opportunity to be developed into products and services with the potential to benefit society.
“Georgia Tech has a superb track record of generating intellectual property,” said Wozniak. “The Contract Continuum will help us effectively engage industry in the translational research process, thereby streamlining the transfer of the technology.”
To learn more about the Contract Continuum, please visit: http://industry.gatech.edu/contract-continuum-industry