What is Industry-Sponsored Research?
Research Contract vs. Grant
Research sponsorship is usually characterized as either a research contract or grant and often, the difference is not clear. The determination of whether a funding agreement is a “grant” or a “contract” relates to the nature of the work to be performed and the terms and conditions under which that work is performed (as opposed to the title of the agreement). Typically, a “grant” is characterized as financial support for research in a particular subject area or field, without any formal detailed stipulations as to the direction of such research. A “contract” on the other hand specifically outlines the scope, nature and expected outcome(s) of the research. Click here for more information about research contracts and grants.
In many cases, grant funding is provided without any conditions and is simply accompanied by a grant letter. However, when a research contract is being considered, significant negotiations of the research agreement may be required. Often, the parties are surprised by the amount of time it takes to negotiate these agreements. To help expedite the negotiation process, it is best to understand the party’s expectations with respect to the administration of research, especially:
- The Research Plan
- Intellectual Property Rights
- Publication and Confidentiality Rights
- The Budget
Questions? Concerns? If you have any questions after reading our guides, the Innovations & Partnerships Office is happy to help!
