Intellectual Property Rights Policies
Intellectual Property Rights (IPR) Cell of the institute was established in February 2018. Faculty, staff and students of International Institute of Information Technology are engaged in Research that is diverse in nature. Many of these research and development programmes lead to evolution of Intellectual Property in the form of patents. This would yield financial returns to the Institute and support the R & D efforts.
This policy of the Institute states that respect to protection, ownership and licensing of IP that is generated with or without external funding.
This Intellectual Property Rights Policy gives the guidelines in all matters pertaining to IPR at the International Institute of Information Technology (I2IT). The IPR committee is constituted by the institute and the Principal will be the chairperson of the committee. On the advice of the Chairperson, the committee will be reconstituted once in a year. Moreover, this policy will be modified from time to time to suit emergent needs or on a case-by-case basis.
International Institute of Information Technology (I2IT)will be the titleholder of allIntellectual Properties (IP).
- A. I2IT will be the owner of copyright of work including software created with significant use of Institute resources.
- B. I2IT will be the owner of the copyright on all teaching and learning material developed as part of any of the academic of I2IT. Anyhow, the inventor may have the right to use the material for their professional capacity.
Ownership of trademark logo created for I2IT shall be with the I2IT only.
3. Intellectual Property Management
- A. The IPR Cell is responsible for evaluating, protecting, marketing, licensing and managing the IP generated at I2IT.The Inventors of the IP shall provide all the necessary information to IPR Cell to determine whether I2IT desires to own and manage IP.
- B. The IPR Cell will examine the IP application and will then make specific recommendations regarding Patentability / Registration of the proposal by I2IT. Committee may seek the assistance of experts for this purpose in all endeavors.Confidentiality of the IP shall be strictly ensured.
- C. Inventors of I2IT are encouraged to file a Provisional patent specification as soon as possible in order to protect their rights to the IP.
- D. In these cases, the technical details of the invention need not be provided to the IPR Cell at this stage in the interest of confidentiality.
4. Confidentiality of Intellectual Property
- Inventors of I2IT involved in IP protection process should not disclose the details to any person / organization without proper permission of IPR Committee.
5. Licensing and revenue sharing
- The Principal and the Inventor of the IP being transformed, on behalf of I2IT shall sign allagreements.
- All members in the group of inventors shall sign the revenue sharing agreement for the IP being transferred and this agreement will be modified at any time on mutual consent among the creators. In case, any conflict with regard to revenue sharing within the inventors will be resolved through the IPR committee.
- The revenue shall be divided among the inventors per revenue sharing norms (50% for Inventors and 50% Applicant I2IT) at the time of signing the agreement. Memorandum of understanding should signed by the institute with the sponsoring agency based on which the IP is generated.
- The Inventors can start a new research project with the amount available to them from such revenue. They can use the entire or partial amount. On request of the creator, I2IT will contribute an equal share, but maximum share of such contribution by I2IT will be limited to 50% of revenue accruing to I2IT.
6. Dispute resolution
- In case of any dispute with regard in IPR policy, the decision of I2IT shall be deemed final binding.
- As a policy, all agreements to be signed by I2IT will have the jurisdiction of the courts in Pune andshall be governed by appropriate laws in India.