3.14 Companies, Joint Ventures, Intellectual Property Rights and Patents

Certain activities undertaken by the University including research, teaching and consultancy may give rise to intellectual property that can be utilized by the University in its own core business and/or in a commercial venture.

Arrangements for the utilization and ownership of such intellectual property are detailed in the University’s Policy for the Treatment and Governance of Intellectual Property and all staff of the University are required to read and comply with this policy.

Where members of staff believe that they have exploitable intellectual property they should, at the earliest possible opportunity, seek the advice of the Director of Enterprise & Business Development to discuss the best approach to exploiting this. Where the University determines that the formation of a Spin–Out Company is the preferred method of exploitation for intellectual property, this must be undertaken in line with the University’s Policy on Spin-Out Company Formation.

 

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