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Crisis Centre

RES-1130 Intellectual Property: Commercialization

Description

Consists of records documenting efforts to commercialize technologies developed in research conducted at UOIT. Includes tracking sheet, significant correspondence, significant drafts of agreements (including non-disclosure, confidentiality, memorandum of understanding, option or license agreements), and tracking of any revenue resulting from commercialization. 

Final executed agreements created by this process are subject to: CMP-0300 Contracts and Agreements

Retention Trigger

End of commercialization efforts

Retention

Trigger + 7 years

Responsible Unit(s)

Research Services

Source

3rd party

Records System

 

Citations

 

Record Authority

VP Research Innovation and International

Disposition

Secure destruction

Records Arising from Activity

Agreements, Agreement drafts

Retention Rationale

Records documenting commercialization efforts can inform decisions regarding whether to pursue patent applications. Commercialization efforts may result in financial transaction which must be retained for at least 7 years.

Personal Information

No

Vital Record

No

Protection

Medium