National Code of Practice for Managing Intellectual Property ... - Forfás

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PART II CODE OF PRACTICE
SECTION A – IP STRATEGY AND ROLES OF PARTNERS
A.1 EXPLOITATION IS A KEY PRIORITY
One of the most important objectives of collaborative research projects is to enable the creation of commercial
opportunities that maximise the exploitation of the research output.
Guidelines:
4 Partners in a collaborative research project should have a clear strategy to maximise the exploitation of IP
arising from the project.
4 Partners wishing to make use of IP arising from the project should be able to demonstrate clearly how the IP
will be exploited to its full potential.
4 Partners responsible for exploitation should ensure that they can access (internally or externally) sources of
commercial, technical and legal advice for the purposes of exploiting IP arising from the project.
A.2 ROLES AND RESPONSIBILITIES OF THE PARTNERS
Partners should have clear roles and responsibilities. Partners in a collaborative research project may obtain rights to
exploit IP; with these rights, they also assume the responsibility to pursue exploitation.
Guidelines:
4 Partners should agree who has what rights of exploitation, and the associated responsibilities to pursue exploitation,
as part of the up-front collaboration agreement (see Section B.1 Formal agreement before work starts).
4 Participants should be clear about their partners’ expectations regarding working arrangements.