Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 1076]

EXTRACTED TEXT FROM PAGE:

1957]

PATENTS ON INVENTIONS

UNIVERSITY OF ILLINOIS

I073

Sec. 17. (a) Any discovery or invention (1) which is the result of research carried on by or under the direction of any employee of the University and having the costs thereof paid from University funds or from funds under the control of or administered by the University, or (2) which is made by any employee of the University as a direct result of his duties with the University, or (3) which has been developed in whole or in part by the utilization of University resources or facilities, belongs to the University and shall be used and controlled in ways to produce the greatest benefit to the University and to the public. (b) Such discovery or invention must be submitted to the University Patent Committee for study as to disposition and recommendation to the President and Board of Trustees. The University Patent Committee, a subcommittee of the University Research Board, is appointed by the President to examine and study discoveries and inventions made by employees of the University in which the University may have an interest. (c) The Board of Trustees may direct that such discovery or invention be: (1) Released outright to the discoverer or inventor. (2) Retained by the University in its own right or transferred to the University of Illinois Foundation for commercial development. (3) Released to the individual or agency sponsoring the research under which the invention or discovery was made, if such action is required under the terms of the research contract with such agency or individual, or is required by law, or if the interests of the University and the public so indicate. The discoverer or inventor may be required to apply for a patent and assign his interest therein. In unusual situations, when in the judgment of the Patent Committee immediate filing of an application for a patent is necessary to protect the interests of the University, the Committee may act to accomplish this prior to the report and recommendation to the Board of Trustees. (d) In the event that income is received by the University or the University of Illinois Foundation from any patent assigned in accordance with the preceding paragraph, all costs of procuring and administering such patent shall first be paid from such income. A proper share of the remaining net income shall be paid to the inventor or discoverer. This share is to be determined solely by the Board of Trustees, after considering the recommendations of the President and the University Patent Committee. (e) Contracts or grants from outside sponsors which carry the provision that the sponsoring agency may determine the disposition of patentable discoveries developed thereunder may be accepted by the University, when required by federal statute or the established policies of the sponsoring agency, and when that agency is governmental or non-profit in character, and when the action of the University in waiving its rights to such discoveries is determined to be clearly in the public interest by the committee specified in paragraph ( f ) , Section 14. Generally, if patentable discoveries result from research sponsored by an agency outside the University, preferential treatment in the use of any resulting patent may be accorded that agency. (f) The foregoing stated patent policy shall not be construed to include