Distribution of the net benefits from commercialisation of Research and Innovation intellectual property procedure

Definitions

Commercialisation - Commercialisation includes any activity or initiative undertaken with the objective of, or that could contribute to, development or exploitation of intellectual property in ways that might or are intended to generate commercial returns or other material benefits to the owners of the intellectual property.

Foreground intellectual property - New intellectual property created through research, scholarship and similar activities is often called foreground intellectual property, to distinguish it from the pre-existing (or background) intellectual property that often is the foundation that leads to new intellectual property.

Intellectual capital - Intellectual capital is the knowledge and expertise of the University, accumulated through, and applied in its academic programs. Intellectual capital may include specific items of intellectual property, as well as knowledge and expertise often referred to as “know how”.

The University strives to expand its intellectual capital and that of its staff through all their endeavours, and improve its application so as to enhance the quality, relevance and value of the University’s teaching, research and other activities.

Intellectual property - Intellectual property means any confidential information or any rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields, including but not limited to the electronic media and any rights under the Patents Act, Copyright Act, Design Act, Trade Marks Act, Plant Varieties Act and rights under any convention to which Australia is a party and under the Common Law.

Pre-existing or background intellectual property - Pre-existing or background intellectual property includes identifiable intellectual property, pre-existing ideas, concepts, theories, designs, processes or other artifices (where ownership by the University or other persons or entities could be established) that could act as precursors to discovery or contribute to the creation of new intellectual property. Pre-existing or background intellectual property does not include ideas, concepts, etc., that would normally be regarded as existing in the public domain.

R and I intellectual property - Research and development intellectual property (R and I intellectual property) includes any new ideas, concepts, theories, designs, processes or other artifices created by individuals or teams of people through systematic or adventitious research or discovery or similar activities.

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