National Code of Practice for Managing Intellectual Property ... - Forfás

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E.2 INCENTIVES FOR INDUSTRIAL PARTNERS
Industrial partners should have a right to exploit IP arising from collaborative research and to obtain royalties from
licenses granted to third parties.
It is the responsibility of the industrial partner(s) to reward their employees, who contribute to collaborative research
resulting in IP, in a fashion consistent with their employment contracts.
Guidelines:
4 Industrial partners may consider providing similar benefits to those listed in Section E.1
SECTION F – CONFLICTS OF INTEREST
F.1 MANAGEMENT OF CONFLICTS OF INTEREST
It is in the interest of all partners to minimise conflicts of interest. Partners should develop and implement policy and
procedures to avoid and, if necessary, address conflicts of interest.
Guidelines:
4 Partners should have procedures that help research employees to recognise areas where conflicts of interest
may occur.
4 Partners should have a policy for the management of conflicts of interests.
4 Partners should encourage full disclosure of potential areas of conflict and open discussion amongst the partners
at an early stage.
4 Partners should manage and resolve conflicts as they occur.