Washington Third Party Intellectual Property Policy
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How to fill out Third Party Intellectual Property Policy?
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Document Your Concepts and Original Content in Detail Have detailed drawings, descriptions, plans and records that can prove you came up with and have been working on your intellectual property. This type of proof will help in case someone challenges you as the rightful owner of your trademarks and copyrights.
?Intellectual property in which the University may have an ownership interest may not be transferred by University employees while engaged in outside consulting. Intellectual property must be disclosed to the University pursuant to the University Patent, Invention, and Copyright Policy (Executive Order 57).
Rights to IP include patents, copyright, trademarks, design rights and knowhow. Intellectual property rights (IPR) have potential commercial value and can be bought or sold.
Your IP clause should: provide a broad definition of IP so that your rights are not limited; cover all kinds of IP, whether or not they are registered; protect violations of your IP rights in other jurisdictions; provide certainty as to protect all products developed by your business; and. secure your company branding.
Division of Intellectual Property Income. Washington University policy encourages the commercialization of the technology developed by its faculty, trainees and staff and provides for the sharing of any income derived with the creators of the ideas that produced the technology.
Intellectual property (IP) at colleges and universities refers most importantly to the products of faculty, staff, and student research and scholarship. IP falls into two groups?work covered by patent law and work covered by copyright law.
The purpose of the intellectual property policy is to foster the creation and dissemination of knowledge and to provide certainty in individual and institutional rights associated with ownership and the distribution of benefits that may originate from the formation of intellectual property.
UW System Administrative Policy 346 (SYS 346), Inventions and Patents, governs the disclosure and reporting of inventions and patents.