HISTORY OF THE UNIVERSITY OF TEXAS SYSTEM
INTELLECTUAL PROPERTY POLICIES AND GUIDELINES
1985 TO PRESENT
CURRENT INTELLECTUAL PROPERTY POLICY
| Item No. 16 | Date of BOR Revision: 5/8/02 | Changes were made to the entire Intellectual Property policy and Regental Policies on "Policy and Guidelines Relating to Intellectual Property License Agreements with Private Entities", "Policy and Guidelines for the Negotiation, Review and Approval of Sponsored Research Projects with Nonprofit and For Profit Nongovernmental Entities" and "Policy and Guidelines for Management and Marketing of Intellectual Property". We have provided a copy of the redlined changes. |
SUMMARY OF REVISION: Amendments to the Regents' Rules and Regulations, Part Two, Chapter XII, regarding intellectual property, were necessary to implement certain Technology Transfer Commission recommendations, and to conform the Rules to current practice. Changes of note include the following:
a. Subsection 2.1 was revised to clarify that the intellectual property policy applies to full and part-time faculty and staff and visiting faculty members and researchers.
b. Subsection 2.5 was amended to provide that the institutional president will decide in his or her sole discretion whether to develop and commercialize an invention.c. Subsection 2.9 was added to clarify institutional and faculty interests in data.
d. Subsection 3.3 was deleted. This Subsection addressed the role of The University of Texas Investment Management Company (UTIMCO) in assisting component institutions in business and financial matters relating to intellectual property. UTIMCO no longer provides such assistance.
e. Subdivision 4.25 was revised to clarify that the expenses attributable to a particular licensing project would be recovered from revenue received before income is divided and shared with the creator.
f. Subsection 4.3 addresses the releases of inventions after the Board has already asserted its interest.
Amendments to the three existing Regental Policies related to intellectual property consolidated the Policies into one policy and implemented the recommendations of the Technology Transfer Commission. The primary revision was the addition of sections acknowledging the authority granted by Chapter 153 of the Texas Education Code. This Chapter, added in the last legislative session, authorizes technology transfer centers to perform certain activities. The revisions to the Policies permit the technology transfer offices to perform such activities, provided that the institution complies with all relevant policies and guidelines.
Approval of the item repealed the "Policy and Guidelines Relating to Intellectual Property License Agreements with Private Entities" approved by the Board in December 1985 and amended in December 1987 and August 1998; "Policy and Guidelines for the Negotiation, Review and Approval of Sponsored Research Projects with Nonprofit and For Profit Nongovernmental Entities" approved by the Board in December 1985 and amended in May 1999; and "Policy and Guidelines for Management and Marketing of Intellectual Property" approved by the Board in December 1985 and amended in May 1999.
Current Intellectual Property Policy
Agreements, Forms and Samples | Intellectual Property Section
University of Texas
System Office of General Counsel
Comments to intellectualproperty@utsystem.edu
Last updated: August 29, 2002