Cooperative Research and Development Agreement

"Crada" redirects here. For the music producer, see Crada (producer).

In the United States, a cooperative research and development agreement (CRADA or CRDA) is an agreement between a government agency and a private company or university to work together on research and development.

Description

Designated under the Federal Technology Transfer Act of 1986 (P.L. 99-502) (which amended the Stevenson-Wydler Technology Innovation Act of 1980 (P.L. 96-480) ),[1] a CRADA is intended to speed the commercialization of technology, optimize resources, and protect the private company involved. A CRADA allows both parties to keep research results confidential for up to five years under the Freedom of Information Act.[2] The Office of Scientific and Technical Information (OSTI) is responsible for preserving the scientific and technical information generated through a CRADA and making this information readily available to the scientific community as well as the public.[3]

Private corporations participating in a CRADA are allowed to file patents, and they retain patent rights on inventions developed by the CRADA. The government gets a license to the patents.[4]

See also

References

  1. ↑ http://history.nih.gov/research/downloads/PL99-502.pdf
  2. ↑ U.S. Geological Survey website
  3. ↑ "Cooperative Research and Development Agreements at the Department of Energy's Office of Science Laboratories, IG-0826 | Department of Energy". Energy.gov. Retrieved 2013-03-05.
  4. ↑ "What is a CRADA", US Department of the Interior website.