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Once in the appropriate disclosure form for your employment status, read and answer each question. If you select YES, then click ?Go To Question Detail?. You will be asked for additional details related to the question (Organization name, Nature of Relationship, Amount of Compensation, etc.).
State the reasons why you think these interests could, or could be seen to, influence your decisions, actions or advice. Finally, set out the steps you intend to take, or which you may require others in the department to take, to mitigate any conflict arising. Attach supporting documentation if required.
Some examples of a conflict of interest could be: Representing a family member in court. Starting a business that competes with your full-time employer. Advising a client to invest in a company owned by your spouse.
List down any social or personal activities/interests that may be considered to influence how you conduct your research. Review any institutional ties you may have in the present or have had in the recent past (where you worked/volunteered, etc.) that can be said to affect your objectivity in your work.
Because of the perception of a conflict of interest and in the interest of full transparency, I am disclosing my relationship with [insert company name and/or nature of IP] to my research team members and collaborators.