ABOR & University Policies Governing Intellectual Property:  

• The Arizona Board of Regents' policy on intellectual property encourages University employees to engage in creative endeavors, and recognizes intellectual property as one tool that Arizona universities may use to disseminate new knowledge thus created. The policy generally specifies the categories of intellectual property that fall under the policy, describes factors that determine IP ownership, lists the administrative responsibilities of the universities and their employees who create IP, describes the interaction between publication rights and the protection of IP, specifies that revenue from the commercialization be shared with those who created the IP, and provides guidelines for faculty owned companies and conflict of interest.
• The University of Arizona Intellectual Property Policy defines for this University terms used in the ABOR policy, sets criteria for the ownership and use of ABOR-owned IP, and defines procedures to be used in the management of IP at the University of Arizona.
• The University of Arizona Conflict of Interest Policy provides guidelines for UA employees interacting with companies through consulting agreements, the formation of spin-off companies, and research agreements with companies in which faculty members have significant equity positions or financial interests must follow the Conflict of Interest Policy. Department heads have the front line responsibility for ensuring compliance with the University policy. Any potential conflict of interest must be reviewed by the Institutional Review Committee (IRC). Any commitment involving intellectual property must be reviewed by the Office of the Vice President for Research and Graduate Studies.