Undergraduate students (Students) who are not employees of the Institute, are not performing research under a sponsored program, or are not using significant resources of the Institute (as defined in the Institute policies) do not have an obligation to assign their intellectual property rights to Georgia Tech Research Corporation (GTRC). GT IP Policy document here (refer section 5.4.4).
In those instances, students participating in a Capstone Design Course may commercialize, license or otherwise assign their intellectual property to a third party (Conveyance of Rights), including to the company mentoring the student group on a project based on that company’s information (Mentoring Company) without seeking a license or release from GTRC. At the sole discretion of the Student(s), any Conveyance of Rights may or may not be for monetary consideration.
A Company may request students to enter into a confidentiality agreement in order for the Company to participate and provide a project to the Students. In certain circumstances, this may be a reasonable request by the Company. However, please be aware that the Capstone Design Expo is open to the public and that project information must be shared with other Students and professors in the Course to meet the Course requirement.
In rare circumstances, a Company’s proprietary information must be shared with Georgia Tech, such as with the faculty coordinators and/or Project Team’s faculty mentor. In such cases, a confidentiality agreement with the Georgia Institute of Technology (GIT) may also be required. Companies needing to execute a confidentiality agreement with GIT should contact the Director of Design & Innovation at least two weeks prior to the start of the semester to have the form routed through GIT legal.
Project Report Disclaimer
The Capstone Design Project set forth in this report is the result of an academic learning endeavor as part of a Capstone Design Course. Unless otherwise agreed in writing, all intellectual property rights subsisting in the Capstone Design Project belong to the students who developed the project. The students make no representations or warranties of any kind, express or implied, regarding, but not limited to, the conditions, accuracy, originality, completeness, timeliness, suitability, reliability, merchantability or fitness for purpose of any products, process or intellectual property developed as part of the Capstone Design Project or in connection with the Capstone Design Course and/or as presented in their reports. Your use of the Capstone Design Project and/or the content of the report is strictly at your own risk.