A research contract is a legally binding agreement that sets out the rights and obligations of the parties concerned, and which forms the basis of a relationship around a particular research programme, exchange of information or materials or other collaboration.
Intellectual Property (IP) is the term used to describe creative outputs that can be legally protected arising from scientific, engineering, literary and artistic endeavours such as the results arising from research.
Intellectual Property can be categorised into two groups: the first requires registration (the registration process may involve corresponding with an examiner before the IPR is granted), e.g. patents; the second arises automatically on creation of the IP, e.g. copyright.
Registered Intellectual Property: