The University aims to encourage an environment in which intellectual activity, such as learning, teaching, scholarship and research, will flourish. The University adheres to the principle that knowledge and ideas should be made available for the benefit of the entire community.
A natural consequence of the University’s endeavour is the creation and development of intellectual Property (IP). The University recognises the rights of originators of IP to participate in the decision regarding the use of IP created by them.
This policy aims to facilitate, where appropriate, the protection and commercialisation of IP created by the University’s staff and students. The University recognises that originators are entitled to an equitable share of any financial returns from such commercialisation.
The University has the final say in seeking IP protection unless it is to comply with the terms of sponsored research agreements.
This policy will define the ownership of the IP, the sharing of IP rights accrued to the originators, the commercialisation rights associated with the technology, and also details the procedures which govern the distribution of the technology in its tangible form.
