Policy
The policy of the University of Virginia is to consider and,
where appropriate, assist in the patenting and commercial development
of discoveries or inventions which are the product of University
research. Any person who may be engaged in University
research shall be required to execute a patent agreement with the
University in which the rights and obligations of both parties
are defined.
- This policy is intended to:
- 1) provide an incentive to creative intellectual effort
and the advancement of knowledge for the welfare of
mankind;
- 2) insure that the respective interests of the researcher
(as faculty or staff member or student), the University,
any supporting sponsor, and society are considered and
protected through the development of fair contracts and
procedures;
- 3) assist the researcher and the University to realize
tangible benefits from inventions or discoveries; and
- 4) advance and encourage further research within the University
with whatever funds accrue to the University
from inventions resulting from University research.
