Policies

Regulation 12: Intellectual property

Regulation 12 covers, but is not limited to, information on ownership and access to Intellectual Property Rights, spin-out companies and dispute resolutions.

• Regulation 12: Intellectual property

Code of practice and principles for good ethical governance

The purpose of this Code is to establish an ethical framework for the conduct of academic activity under the auspices of the University. It applies to all academic activity undertaken in the University’s name or on its behalf, including research, teaching, consultancy and outreach work.

• Code of practice and principles for good ethical governance

Spin-out share sales statement

The University’s overall policy is not to invest in listed shares. When the University comes into possession of listed shares (for example through a bequest) then those shares will be disposed of as soon as is practical at the prevailing market price.

The University acknowledges that the above policy may not be appropriate in situations where it has received listed shares following the IPO of a spin-out company. In these circumstances the University recognises that a sale of its shares may either not be possible given the level of trading in the share, or might damage the longer term prospects of the company and its ability to raise further equity funding. As a result, in this situation the University will hold the shares until such time that it is able to sell them without disrupting the orderly functioning of the market in those shares. Such a disposal may encompass all or part of the University’s shareholding. It is likely that the University will seek the views of the company’s broker or other advisers and board of directors before taking such a decision.