DATE: May 6, 1997
TO: Faculty Senate and General Faculty
FROM: Don Viney (Lame Duck President of Faculty Senate)
RE: Draft of Board of Regents Intellectual Property Policy
25.INTELLECTUAL PROPERTY POLICY a. Ownership and Control (2) Ownership of intellectual property created as described in the preceding
paragraph shall be retained and managed by the institution on behalf of the
Board or the rights to the intellectual property may be assigned by the
institution to an affiliated corporation (hereinafter referred to as "Corporation")
if said Corporation has as one of its missions technology transfer and/or the
commercialization of an institution's intellectual property. The institution
may contract with the Corporation to develop or manage the intellectual property for the
benefit of the institution and the Board. The institution may also establish
procedures for transferring ownership of selected categories of intellectual
property (including but not limited to copyrights on faculty textbooks/articles
or other intellectual property that the institution determines has no potential
commercial value) back to the creator, so long as these procedures are consistent
with Federal and State statutes and regulations and other Board policies and the
institution retains a royalty-free irrevocable license for the use of the intellectual
property, including the right to publish data related to the intellectual
property. b. Reporting c. Administration of the Institution's Intellectual Property: (1) The institution may assign management of intellectual property to
an affiliated Corporation created for that purpose. (2) After assignment, if the Corporation decides that the intellectual
property does not warrant legal protection or commercialization, management
of said property may be assigned back to the institution which may then
retain the intellectual property or transfer ownership to the creator or to
the project's sponsor, depending on the nature of any relevant sponsored
project agreements. If ownership is to be transferred, the institution
shall retain a royalty-free irrevocable license for use of the intellectual
property including the right to publish data related to the intellectual
property. d. Royalty (2) A portion of the institutional share of any royalty mentioned in
paragraph (1) above shall be set-aside in a fund for the purpose of paying
institutional expenses associated with the commercialization of intellectual
property that has not yet generated sufficient royalties to pay its own expenses or when
the attempt at commercialization has been abandoned. The remainder of an
institution's share of any royalty shall be used to sponsor further research,
education, service, and other institutional purposes at the institution.
The institution may agree that the Corporation may retain a portion of the
funds to be used for research purposes. (3) In the case of a cooperative project sponsored in part by an outside
entity or individual(s), a written contract shall be entered into between the
institution and the cooperating agency. This contract should include a statement
of policy substantially equivalent to the following: (4) In the case of a sponsored project where it is proposed that all
costs including overhead, salary of investigator(s), reasonable rent on
the use of equipment, facilities and other related costs are to be paid by
an outside party, the outside party and the institution shall negotiate the
appropriate licensing arrangement or assignment of all intellectual property
rights prior to the provision of any funding by the outside party or the
beginning of any work on the project. The institution may only accept such
projects when they possess research value. The institution shall retain
a royalty-free irrevocable license for use of intellectual property which
includes the right to publish all relevant data. (5) Changes in the above policies may be made by the institution to
conform to the requirements of the United States Government when contracting
with the United States Government or a Federal Government Agency. e. Persons Subject to this Policy: f. Institutional Procedures: g. Dispute Resolution
Preamble and Scope
The purpose of the Board of Regents policy on intellectual property is to
ensure that state resources are used appropriately to serve the educational
missions of the Regents institutions and to support the development of knowledge
and the implementation on resulting discoveries. Each institution shall adopt
procedures appropriate to implement the Board's policy. Intellectual property
encompasses all works defined and subject to protection by the laws covering
patents, copyrights, trademarks, and trade secrets, as well as other research/scholarly properties that may not be clearly included in the definition of
intellectual property. For the purposes of this policy, intellectual property
is meant to include, but not be limited to: inventions (whether patentable
or unpatentable); original works of authorship fixed in any tangible medium
of expression (including literary, computational, and artistic), derivative
works, and compilations and collective works; words, symbols, designs, or
combinations of words and designs that identify and distinguish goods or services;
mask works; and other legally protectable or unprotectable research/scholarly
property.
(1) In conducting scholarly activites related to the institutional missions
of teaching, research and professional service and in utilizing various
institutional resources, university faculty, students, staff, and others
participating in university programs, may create intellectual property.
Ownership of all such intellectual property shall reside with the institution
if said property is created: (1) within the scope of an employee's occupational
or professional duties or is related to the academic or educational work of the
creator, (2) as part of a student's educational activities where students are
university employees or where they are assisting in a project primarily managed
by a member of the university faculty or staff, (3) through greater than incidental
use of university resources, equipment, or facilities, or (4) upon commission
by the university.
Anyone who creates intellectual property shall report the creation to an
administrator designated by the institution in accordance with procedures
established by the institution. The institution administrator receiving a
report of the creation of intellectual property shall recommend to the Chief
Executive Officer or designee whether or not to assign it to the Corporation,
transfer ownership to the creator, or retain management responsibility at the
institution. The decision of the Chief Executive Officer or designee is final.
In the event that ownership is transferred to the creator, the institution
shall retain a royalty-free irrevocable license for use of the intellectual
property, including the right to publish data related to the intellectual
property.
Institutions shall establish procedures with respect to protecting and
commercializing institutional intellectual property that includes the following
requirements:
(1) When any royalty is obtained by or on behalf of the institution from
the development or licensing of intellectual property, not less than twenty-five
percent (25%) of the royalty after the expenses incurred by the institution
or Corporation to protect and/or commercialize the intellectual property
have been deducted, shall be paid to the creator(s). In the event of multiple
creators, the net royalty shall be paid upon reciept of an agreement signed
by the creators designating how the payment shall be distributed.
"It is agreed by the parties to this contract that all results of experimental/scholarly
work, including inventions and other intellectual property carried out by
members of the institutions or under their direction, belong to the institution
for the benefit of the public and shall be used and controlled so as to produce
the greatest benefit to the public. It is understood and agreed that if
intellectual property of commerical value results from this endeavor, the
cooperating agency shall receive preferential consideration as a prospective
licensee, with a view toward compensating said cooperating agency in part
for the assistance rendered in the project."
"It is further agreed that the name of the institution shall not be used by
the cooperating agency in any advertisement, whether with regard to the
cooperative agreement or any other related matter."
All employees of an institution,
whether full or part time, are subject to this policy including student
employees and individuals receiving permission to use institutional
resources, even if not compensated, for the creation of intellectual
property. Also included are individuals who are assisting in a project
primarily managed by a member of the institution's faculty or staff. Tenured
faculty members and any other full-time faculty or unclassified staff
appointed on less than a full year basis, are subject to this policy if
said persons reasonably have an expectation of continuing employment. All
persons subject to this policy who are not full-time employees shall have
the following statement included in a written instrument signed by both
parties: "All intellectual property created by you during your work at the
University is considered 'work-for-hire' and will be owned by the University
and subject to its Intellectual Property Policy."
Shall expressly include the procedures
for determining institutional interests on (1)Patent, (2)Copyright, (3)
Electronically Recorded Works, and (4)Software.
All disputes arising under this policy will be finally resolved within
the institution in a manner consistent with institutional procedures.
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