Invention means any new or useful process or discovery, art, method, technique, machine, device manufacture, Software, composition of matter, or improvement thereof. Patent means a grant issued by the U.S. or a foreign patent office that gives an Inventor the right to exclude others from making, using, or selling the Invention within the United States or other geographic territories for a period of years from the date of filing of the patent application. Copyright means an original work of authorship that has been fixed in any tangible medium of expression from which it can be perceived, reproduced, or otherwise communicated, either directly or with the aid of a machine or device. Electronic Course means an academic course, delivered in whole or in part via electronic means, and fixed in any medium capable of display on a computer or other recording, reproduction or distribution device. Trade Secret means information, including a formula, pattern, compilation, program, device, method, technique or process, which derives independent economic value from not being generally known or readily ascertainable by other persons, and is the subject of reasonable efforts to maintain its secrecy.
Author means a person who creates a copyrighted work.
Tangible Research Property may also be Intellectual Property. An SRA typically includes a description of the work to be performed, the terms of payment, ownership of intellectual property, publication rights, and other legal assurances. Royalties means all compensation of whatever kind received from the sale, license, or other transfer of Intellectual Property rights by the University to a third party. Intellectual Property Review Board means the group appointed by the Vice President for Academic Affairs that shall advise on the interpretation and implementation of these policies. Director of Technology Transfer means the person designated by the Vice President for Academic Affairs to perform the duties and administer the policies described herein.