Holly, Our policy on Individual Financial Conflicts of Interest (III.B.2)<http://www.purdue.edu/policies/ethics/iiib2.html> has a procedures section for Disclosures of Financial Interests Related to Commercialization of Purdue Intellectual Property. In addition, our policy on Conflicts of Commitment and Reportable Outside Activities (III.B.1) <http://www.purdue.edu/policies/ethics/iiib1.html> includes participation in any business enterprise as a reportable outside activity, which means the individual would need to disclose and receive approval from their unit head in order to serve on the company's board and/or serve as an officer.
Best, Jessica Teets Coordinator, University Policy Office Purdue University 765-496-9634 From: [email protected] [mailto:[email protected]] On Behalf Of Holly A. Kinkaid Sent: Wednesday, March 01, 2017 6:54 AM To: Association of College and University Policy Administrators <[email protected]> Subject: [acupa-l] COC/COI re: university-funded start-ups Hello: >From a Conflict of Interest and Conflict of Commitment perspective, how does >your university manage conflicts of interest and conflicts of commitment where >researchers, faculty and postdocs are involved in university-funded (entirely >or partially) startups (no Federal funding is involved)? What are your university's policies and procedures in regards to: * Holding Board seats on the new startup; * Serving as an officer of the company; * Ownership of Intellectual Property; * Ownership/Equity Interest; * Utilizing university resources when the university resources are unique to the state/region. Your feedback is very much appreciated. Thank you. Holly A. Kinkaid Policy Advisor, University Policy Office King Abdullah University of Science and Technology Administration Building, Room 4710 T: +966 (12) 808-3131 www.kaust.edu.sa<http://www.kaust.edu.sa/> ________________________________ This message and its contents including attachments are intended solely for the original recipient. If you are not the intended recipient or have received this message in error, please notify me immediately and delete this message from your computer system. Any unauthorized use or distribution is prohibited. Please consider the environment before printing this email. Replying to Messages: Replying (using Reply) to an ACUPA-L e-mail will distribute your message to the ENTIRE list of members. To send a message privately, reply directly to the individual who sent the message (their e-mail address appears in the "From" line of their original e-mail). To Unsubscribe or for questions about the ACUPA e-list, Contact Joshua Adams at j<mailto:[email protected]?subject=ACUPA%20e-list%20assistance>[email protected]<mailto:[email protected]?subject=Question%20About%20the%20ACUPA%20E-list> or 607-255-6837.
