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Higher Education Business Classification Scheme and Records Retention Schedules

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INTELLECTUAL PROPERTY RIGHTS (IPR) EXPLOITATION

The function of commercially exploiting the institution's intellectual property (D1) rights. (N1)

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For protecting intellectual property, use INTELLECTUAL PROPERTY RIGHTS (IPR) MANAGEMENT - IPR PROTECTION.

Definitions

D1

Intellectual property means: patents; trademarks; designs; copyright.

Notes

N1

This function is intended to cover IPR exploitation which is carried out directly by the institution. Where IPR exploitation is carried out through a related company, use the relevant categories within the Function for the company (or add a Function for the company using the framework provided in RELATED COMPANIES). The functions and activities of individual related companies are outside the scope of this Business Classification Scheme but the activities involved in exploiting IPR will be similar to those outlined here.

 

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