IP (Intellectual Property) POLICY:
- Ensure only novel projects in R & D are carried out (i.e. not re-inventing the wheel)
- Ensure that novel projects in R & D are not infringing third party's right
- Facilitate recording of R & D findings
- Examine patentability or alternative IP protection
- Determine inventorship and ownership of inventions
- Determine authorship and ownership of a work
- To clarify the respective legal rights and obligations of employers, employees and third parties
- Determine reward and award schemes - to seek to strike an equitable and practical balance between creators, originators, inventors and employers’ interests
- Provide IP data base - to encourage dissemination of knowledge by organizations for its commercial benefits
- To encourage conducive environment in which R & D culture will flourish within organizations
To acknowledge moral rights of originators, creators, inventors and designers, and their rights to participate in decision making on commercialization along with dissemination of information developed by them.
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