Status and Details

Status and Details

This page contains information about the status, approval and implementation of this document, contact details for the relevant Unit Head and document author and, on the right, a brief summary of changes between this and the previous version.

Intellectual Property procedure

Status Current
Effective Date 2nd October 2017
Review Date 2nd October 2020
Approval Authority Vice-Chancellor
Approval Date 1st October 2017
Expiry Date To Be Advised
Implementation Officer Joe Graffam
Deputy Vice-Chancellor Research
+61 3 52272673
Enquiries Contact Deakin Research Commercial
+61 3 52271098

Summary of Changes from Previous Version

The Intellectual Property (Staff) policy, Intellectual Property (Students) policy and Intellectual Property procedure have been amended. The amendments to the Intellectual Property policy suite incorporate four principals: 1. a move away from policies designed around Patent protection for lab-based research to a more contemporary view of the Intellectual Property assets within the University and how they can be better leveraged to the benefit of the University, its staff and its students. 2. avoiding ambiguity around the process for commercialisation, with Deakin Research Commercial named in the policies and procedure as the function area responsible for commercialisation of Deakin’s IP and the Deputy Vice-Chancellor Research’s role as statutory position of Intellectual Property Officer is clarified. 3. move from the current 50/50 split of net commercialisation revenues between the University and Inventors to the consensus approach of most Universities that sees a one third split between the Inventors, the University and the relevant Faculty/Institute as a way to better incentivise further translational research. 4. Where the commercialisation strategy involves a spin-out, the Policy suite explicitly includes an option within in the Policy for an inventors rights over commercial revenue to be exchanged for equity in the new business. This has the dual benefit of aligning incentives and simplifying the administration of the Policy.