Tech Transfer eNews Blog
University-Industry Engagement Advisor

Faculty Consulting Agreements: Mitigating COIs while Supporting Faculty Inventors

By Jesse Schwartz
Published: October 14th, 2020

Tech transfer and corporate relations offices have seen a dramatic increase in faculty engagements with private sector entities, often involving a consulting or other direct agreement that provides the company with access to the innovator to further develop a technology or company.

Simultaneous with this trend is the ever-present need for universities to maintain integrity in research, particularly with regard to conflicts of interest. This overlap — of consulting engagements with the university’s COI concerns — requires careful management and oversight.  Policies and procedures should provide clear structure and implementation, from the actual agreements to effective conflict of interest management frameworks. 

While these potential conflicts are often managed by academic units, TTOs and corporate relations offices typically have a unique relationship with both parties of the agreement and must take steps to understand these agreements while coordinating and conveying policies, procedures, and mission clarity to faculty inventors and to the companies it engages with to avoid common issues and pitfalls. That’s why Tech Transfer Central has tapped a leading attorney expert for this important webinar: Faculty Consulting Agreements: Mitigating COIs while Supporting Faculty Inventors, scheduled for October 21st.

For complete program and faculty details or to register, click here.

Also coming soon:

Posted under: Distance Learning, Tech Transfer e-News

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