Statement II Consulting, Other Professional Activities and Research Support from Outside Entities III Reportable Interests IV Procedures for Review Disclosure Forms I. General Statement A. Underlying principles. Of no less importance is a faculty member's responsibility to further his or her own professional development and the goals of his or her professional discipline. Normally a faculty member's participation in activities of governmental, industrial, and professional institutions is consistent with academic interests of the University and the faculty member. Conflicts of interest may occur when there is a divergence between a faculty member's private interests and professional service to the University.
Conflicts of interest differ in nature and degree.
The goal of any institution cannot be to eliminate all conflicts of interest. Faculty activities shall be conducted in a manner that avoids inappropriate conflicts of interest. B. Nature of policy. Because precise boundaries are difficult to establish without reference to specific facts, it is prudent to establish a flexible, not formulaic, approach based on principles of fairness and trust. Fairness is advanced by policies firm enough to provide clear guidance and consistency, yet sufficiently flexible to accommodate diversity of discipline and unique circumstance.