The Idaho Agreement for Research on New Product or Process is a comprehensive legal document that outlines the terms and conditions for collaborative research activities between different entities in the state of Idaho. This agreement serves as a binding contract, ensuring the protection of intellectual property rights and defining the responsibilities and obligations of each party involved. The Idaho Agreement for Research on New Product or Process is designed to facilitate partnerships between academic institutions, research organizations, and private companies to undertake cutting-edge research and development projects. The primary goal of this agreement is to encourage innovation, promote economic growth, and advance scientific knowledge within the state of Idaho. This agreement typically covers various aspects of the research process, including project scope, funding, ownership rights, confidentiality, and publication of research outcomes. It also establishes the procedures for dispute resolution and governs the future commercialization of any new products or processes resulting from the collaboration. There are different types of Idaho Agreements for Research on New Product or Process, each tailored to address specific research needs and considerations. These include: 1. Academic-Industry Research Agreement: This type of agreement is entered into when an academic institution collaborates with a private company to conduct research on a new product or process. It outlines the roles, responsibilities, and financial contributions of each party involved. 2. Government-Industry Research Agreement: This agreement is established when a government agency partners with a private company to conduct research with potential commercial applications. It defines the funding, ownership, and licensing terms for any intellectual property generated during the research. 3. University-University Research Agreement: This type of agreement is executed when two or more academic institutions collaborate on research initiatives. It outlines the research objectives, resource sharing, and publication rights for the involved universities. 4. Non-Disclosure Agreement (NDA): An NDA is often incorporated into an Idaho Agreement for Research on New Product or Process to protect sensitive information shared between the parties. It ensures that any confidential data or trade secrets disclosed during the collaboration remain secure and are not disclosed to third parties. Overall, the Idaho Agreement for Research on New Product or Process plays a crucial role in fostering collaboration, innovation, and economic growth in Idaho. It offers a legal framework for various stakeholders to come together, pool their resources, and work towards the development of groundbreaking new products or processes that hold great potential for commercialization and societal impact.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.