RES-1130 Intellectual Property: Commercialization
Description |
Consists of records documenting efforts to commercialize technologies developed in research conducted at the University. Includes tracking sheet, significant correspondence, significant drafts of agreements (including non-disclosure, confidentiality, memorandum of understanding, option or license agreements), and tracking of any revenue resulting from commercialization. Final executed agreements created by this process are subject to: CMP-0300 Contracts and Agreements |
Retention Trigger |
End of commercialization efforts |
Retention |
Trigger + 7 years |
Responsible Unit(s) |
Research Services |
Source |
3rd party |
Records System |
|
Citations |
|
Record Authority |
VP Research Innovation and International |
Disposition |
Secure destruction |
Records Arising from Activity |
Agreements, Agreement drafts |
Retention Rationale |
Records documenting commercialization efforts can inform decisions regarding whether to pursue patent applications. Commercialization efforts may result in financial transaction which must be retained for at least 7 years. |
Personal Information |
No |
Vital Record |
No |
Protection |
Medium |