Intellectual property ownership and policy

The manner to which the University of Melbourne develops, protects, manages and commercialises intellectual property.

Policy

The manner in which the University develops, protects, manages and commercialises Intellectual Property (IP) is encapsulated in the University of Melbourne Statute regarding IP and associated IP Policy and IP Processes. These aim to foster a culture that supports knowledge creation, knowledge transfer and entrepreneurial endeavour, through net commercial revenue sharing with creators.

All staff, honorary appointees, visitors, or student creators of IP have a responsibility to identify, protect, manage and be involved in the commercialisation of IP. In particular, you have a specific duty to disclose IP with potential commercial value or where required by specified agreements. In the absence of any other agreement reached between the relevant parties, the University will ensure that the net proceeds of commercialisation are distributed as follows:

University central
20 per cent
Academic division (faculty/school)
40 per cent
Creators
40 per cent

Ownership

Ownership an distribution of intellectual property rights depend on the nature of your affiliation with the University of Melbourne.

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