CofI Internal Control for Faculty Researchers Conflict of Interest Rensselaer's mission includes instruction and research endeavors. Rensselaer emphasizes positive interactions and relationships with industrial firms, government agencies, and other universities.
Conflicts of interest can occur.
In general, a conflict of interest can be defined as the opposing interaction, or the simultaneous functioning, of mutually exclusive impulses, desires, tendencies, or responsibilities. More specifically, a conflict of interest can be defined as a conflict between the private interests and public obligations of a person in an official position. Rensselaer's approach to conflict of interest has been to establish a policy position via a resolution passed by the Board of Trustees. Rensselaer recognizes that conflicts of interest do arise from time to time, and that they need not be harmful. Rensselaer's policy position specifies to which members of the Rensselaer community the policy is applicable.