Cooperative Research and Development Agreement

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In the USA, a cooperative research and development agreement (CRADA or CRDA) is an agreement between a government agency and a private company to work together. Designated under the Federal Technology Transfer Act of 1986 (P.L. 99-502) (which amended the Stevenson-Wydler Technology Act of 1986),[1] a CRADA is intended to speed the commercialization of technology, optimize resources, and protect the private company involved. A CRADA also allows both parties to keep research results confidential for up to five years under the Freedom of Information Act.[2]

Private corporations participating in a CRADA are allowed to file patents and retain patent rights on inventions developed by the CRADA. The government gets a license to the patents. [3]

[edit] See also

[edit] References

  1. ^ http://history.nih.gov/research/downloads/PL99-502.pdf
  2. ^ U.S. Geological Survey website
  3. ^ "What is a CRADA", US Department of the Interior website.