Forbid professors from having direct financial ties to the companies sponsoring their research . The University of California has a longstanding policy under which faculty financial interest in companies sponsoring their research must be disclosed, reviewed, and managed by objective third parties. In addition, in December 1999, a UC administrative task force co-chaired by Provost King and Senior Vice President Kennedy submitted its final recommendations concerning conflicts of interest and conflicts of commitment for faculty. The report proposes new policies in several areas, including prior approval to employ students in external projects, and a requirement that faculty inventors disclose any financial interests in potential University licensees. The report and its recommendations are currently being reviewed by the Academic Council.
Ban universities themselves from investing in companies sponsoring their research.
The University does not invest its own operating resources in companies that support UC research nor in companies that are built upon licensed UC technologies. When Licensing University Technology was developed in response to situations in which, for example, small or startup companies selected to develop and deliver the University's technology to the marketplace do not have sufficient funds to compensate UC for licensing. When UC accepts shares in a venture in lieu of funds, we generally do not accept more than a ten-percent ownership share in a licensee. The University also neither seeks nor accepts voting representation on the board of directors of a licensee in which it holds equity. Prohibit publication delays of more than 30 to 60 days and any other editorial constraints .