Intellectual Property RightsThe general principle of the Research Promotion Foundation is that the knowledge and the intellectual rights that result from RPF funded research projects, are mainly considered as legal property of the organisations that have executed the work, from which the new knowledge has resulted.
The knowledge that results from research that has materialised jointly from more than one participating organisations, belongs to all members of that consortium. As regards the allocation of knowledge and intellectual property rights, this should be agreed upon between the collaborating partners.
In exceptional cases, the RPF maintains the right to claim the property of knowledge of a research project or part of it, or the distribution of property of knowledge in one or more of the participating organisations.
The Research Promotion Foundation prompts the institutions that have the property of knowledge that can be used in industrial or commercial applications, to ensure appropriate and effective protection of their Intellectual Property Rights. The protection of IPR takes place according to the relevant provisions of legislation (Intellectual Property Laws). For more detailed information regarding the IPR laws, any interested party can address their enquiry to the Department of Registrar of Companies and Official Receiver. Varying from case to case, appropriate and effective protection of knowledge from the interested institutions can concern only Cyprus or extend to the European or International area.