Section 3358:11-4-27 - Rights to and interests in discoveries, inventions or patents policy(A) Purpose. It is the rule of Owens community college to comply with section 3345.14 of the Revised Code, as amended, which states, all rights to and interests in discoveries, inventions or patents, which result from research or investigation conducted in any experiment station, bureau, laboratory, research facility or other facility of the college, or by employees of the college acting within the scope of their employment or with funding, equipment or infrastructure provided by or through the college, shall be the sole property of the college. Any such rights, interests or disposition from such discoveries, inventions, or patents, which the college owns or may acquire, shall be, as the board of trustees may direct. (B) Applicability. This rule applies to any individual, firm, association, corporation, governmental agency, or to any employee of the college who may have a financial interest in such discoveries, inventions or patents. As stated in section 3345.14 of the Revised Code, all members of the board of trustees shall be governed by Chapter 102. and, sections 2921.42 and 2921.43 of the Revised Code. (C) Requirements. (1) An applicable employee must disclose any financial interest that is held in such discoveries, inventions or patents to the college president. (2) The college president may designate a college administrator, as the need may arise. The designated college administrator shall facilitate the information that shall be disclosed, and the safeguards to be applied in order to manage, reduce or eliminate any actual or potential conflict of interest or the misuse of resources, students or employees.Ohio Admin. Code 3358:11-4-27
Effective: 12/16/2018
Promulgated Under: 111.15
Statutory Authority: 3358.08
Rule Amplifies: 3358.08