A goal of the Center is to provide as many benefits as possible to member companies and project sponsors.
The Center is pledged to create a "most favored" relationship with member companies.
The Center recognizes a need to protect intellectual property arising from research.
Ownership of all intellectual property resulting from research done at Purdue University, whatever the means of support, resides with the Purdue Research Foundation, unless the idea or discovery clearly originated within the company sponsoring the research.
In cases where there is total support of a research project by a company, an agreement concerning patentable materials is executed between the company and the University.
At the time of disclosure of any discovery or developed technology for which there is not a superseding agreement as the result of total support of a project through a research grant or contract, sustaining members are notified and given equal opportunity to review that intellectual property for commercial interests and licensing.
Details of licensing agreements between the Purdue Research Foundation and a company or group of companies are established on a case-by-case basis.