Wisconsin Agreement with Sponsor for Research on New Product or Process

• Category: Contracts - Sponsorship
• State: Multi-State
• Control #: US-13195BG
• Format: Word; Rich Text

Description

This form is an agreement with a sponsor for research on a new product or process. Wisconsin Agreement with Sponsor for Research on New Product or Process encompasses a collaborative partnership between a private sponsor and a research institution within the state of Wisconsin to conduct research and development on innovative products or processes. This agreement allows businesses, organizations, or individuals to join forces with academic or research institutions to explore groundbreaking ideas and bring them to fruition. The primary purpose is to encourage research, spur economic growth, and maintain Wisconsin's reputation as a hub for technological advancements. Different types of Wisconsin Agreements with Sponsors for Research on New Product or Process may include: 1. Sponsored Research Agreement: This type of agreement involves a private sponsor funding research activities conducted at a Wisconsin research institution. The sponsor provides financial support and resources to enable the institution to perform the necessary research and development, while the institution offers access to state-of-the-art facilities, expertise, and infrastructure. 2. Cooperative Research and Development Agreement (PRADA): A PRADA is a mutually beneficial partnership between a private sponsor and a research institution, typically with shared goals and objectives. Under this agreement, both parties contribute resources, knowledge, and expertise to jointly develop a new product or process. Intellectual property rights, technology transfer, and revenue-sharing arrangements are often key components of a PRADA. 3. Material Transfer Agreement (MTA): An MTA is a legal agreement between a sponsor and a research institution to facilitate the transfer of materials, such as biological specimens, chemicals, or data, for research purposes. This agreement specifies the terms and conditions, including restrictions on use, ownership, confidentiality, and publication rights. 4. Confidential Disclosure Agreement (CDA): A CDA, also known as a non-disclosure agreement, establishes a framework of trust and confidentiality between a sponsor and a research institution. This agreement allows the sponsor to share proprietary information or intellectual property with the institution for evaluation or collaborative research purposes while safeguarding their rights and preventing unauthorized disclosure. In all these types of agreements, the research institution and sponsor work closely together to foster innovation, advance scientific knowledge, and commercialize new products or processes. These partnerships play a vital role in driving economic growth, building strong ties between academia and industry, and positioning Wisconsin as a center of excellence in research and development.

Wisconsin Agreement with Sponsor for Research on New Product or Process encompasses a collaborative partnership between a private sponsor and a research institution within the state of Wisconsin to conduct research and development on innovative products or processes. This agreement allows businesses, organizations, or individuals to join forces with academic or research institutions to explore groundbreaking ideas and bring them to fruition. The primary purpose is to encourage research, spur economic growth, and maintain Wisconsin's reputation as a hub for technological advancements. Different types of Wisconsin Agreements with Sponsors for Research on New Product or Process may include: 1. Sponsored Research Agreement: This type of agreement involves a private sponsor funding research activities conducted at a Wisconsin research institution. The sponsor provides financial support and resources to enable the institution to perform the necessary research and development, while the institution offers access to state-of-the-art facilities, expertise, and infrastructure. 2. Cooperative Research and Development Agreement (PRADA): A PRADA is a mutually beneficial partnership between a private sponsor and a research institution, typically with shared goals and objectives. Under this agreement, both parties contribute resources, knowledge, and expertise to jointly develop a new product or process. Intellectual property rights, technology transfer, and revenue-sharing arrangements are often key components of a PRADA. 3. Material Transfer Agreement (MTA): An MTA is a legal agreement between a sponsor and a research institution to facilitate the transfer of materials, such as biological specimens, chemicals, or data, for research purposes. This agreement specifies the terms and conditions, including restrictions on use, ownership, confidentiality, and publication rights. 4. Confidential Disclosure Agreement (CDA): A CDA, also known as a non-disclosure agreement, establishes a framework of trust and confidentiality between a sponsor and a research institution. This agreement allows the sponsor to share proprietary information or intellectual property with the institution for evaluation or collaborative research purposes while safeguarding their rights and preventing unauthorized disclosure. In all these types of agreements, the research institution and sponsor work closely together to foster innovation, advance scientific knowledge, and commercialize new products or processes. These partnerships play a vital role in driving economic growth, building strong ties between academia and industry, and positioning Wisconsin as a center of excellence in research and development.