Standardised agreements in research projects will reduce time and money spent on contract work, and shorten the time it takes to develop new technology.
Published: 21 April 2016
The Norwegian Research Council, research institutes and the petroleum industry have developed standardised agreements for cooperation in research projects.
Save Time and Money
When awarded funding from the Norwegian Research Council it can take months for the different partners involved to sign a project agreement. Unnecessary time and money is often spent to come to an agreement, and in some cases the project never starts.
Standardisation and cost efficiency are main topics throughout the industry. The aim with the template is to save time and money,but a faster start-up will also shorten the time to market.
Common Starting Point
The Norwegian Research Council hopes that the use of the agreements will give both companies and researchers a good common starting point that makes both parties feel accounted for.
The new agreements will be tested on 22 new projects scheduled to start up in the first quarter 2016.