What is Intellectual Property?
- Trade Secrets
Patents are the most important for EVMS researchers. They are legal protection for the design, manufacturing method, composition and other aspects of an invention or an improvement to an existing invention. Others are prevented from making, selling, offering for sale or importing the invention into the country granting the patent.
In addition to the professional recognition accrued with the granting of a patent, there is the potential for significant financial rewards. The net proceeds from invention income including licensing royalties and other payments are distributed equally between:
- The inventors
- The inventor's primary department
What Can Be Patented?
According to the U.S. Patent and Trademark Office, any person who "invents or discovers any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof, may obtain a patent. These classes of subject matter taken together include practically everything which is made by man and the processes for making the products."
- Compositions of matter
- Improvements to the above
- Ornamental Designs
Patent protection is not granted on laws of nature, physical phenomena, abstract ideas, or suggestions. The invention concept must be reduced to practice in the form of drawings, prototypes or other documentation.
The EVMS Policy on Intellectual Property
The development of new materials, machines and processes is a natural result of the basic and applied research conducted at EVMS. To encourage the development and disclosure of new inventions, EVMS has a formal policy on the disclosure, patent prosecution, and licensing of inventions by members of the EVMS community. Intellectual Property developed during the following activities is the property of EVMS:
- Job-related activity conducted by an EVMS member in the course of their work
- Other activities conducted by an EVMS member at EVMS or on EVMS equipment
- Activities conducted by EVMS members in the course of an EVMS project
The policy states that all inventions by EVMS members must be disclosed to EVMS including those developed independently of the school or its resources.
- Be alert for the need to protect new inventions.
- Immediately disclose any new inventions to Technology Transfer. Disclosure and assignment forms are available at our office.
- Do not publish information on the invention without consulting Technology Transfer. Publication prior to patent application can make an invention unsuited for patent.