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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.

 

CONSULTANCY

The function of providing consultancy (D1) to external organisations on a commercial basis. (N1) (N2)

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Definitions

D1

Consultancy means the provision of expert advice to external organisations by institutional staff. It excludes: work which is generally considered as part of normal academic duties (e.g. external examining work for other institutions, service on RAE panels); private consultancy work undertaken by institutional staff (i.e. external paid work which is carried out with the knowledge and approval of the institution but which makes no demands on the institution and for which the institution claims, and has, no liability or responsibility).

Notes

N1

This function is intended to cover the provision of all consultancy, regardless of its nature (e.g. advice, training, product development, expert witness services) and how it is provided.

N2

This function is intended to cover consultancy which is provided directly by the institution. Where consultancy 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 providing consultancy will be similar to those outlined here.

 

EDUCATION & TRAINING

The function of delivering education and training programmes for external organisations, and for the public. (N1) (N2)

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Definitions

Notes

N1

This function is intended to cover the delivery of all education and learning programmes, regardless of their purpose (e.g. continuing education, access to higher education, continuous professional development) and whether they are delivered using traditional teaching methods (e.g. lectures, seminars, practical instruction) or newer methods (e.g. distance learning, e-learning, blended learning, workplace learning).

N2

This function is intended to cover education and training programmes which are provided directly by the institution. Where education and training programmes are provided 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 providing education and training programmes will be similar to those outlined here.

 

RELATED COMPANIES MANAGEMENT

The function of setting up and managing related companies (D1). (N1)

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For the establishment and management of individual related companies, add a new Function for each company using the framework provided in RELATED COMPANIES.

Definitions

D1

A related company is 'Any legal entity where the institution has control over, or exercises a substantial degree of influence over, that company's activities.' (Related Companies: guidance for higher education institutions, HEFCE 2005/48, Glossary). This HEFCE guidance contains detailed information about the different types of legal entity which may be used to establish a related company.

Notes

N1

This function is intended to cover the corporate management of all related companies established by the institution, regardless of their purpose or legal form. For managing an individual related company, use the framework provided in RELATED COMPANIES.

 

COMMERCIAL SERVICES MANAGEMENT

The function of providing services to external organisations or to the public on a commercial basis. (N1) (N2)

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For providing individual commercial services, add a new Function for each service, using the framework provided in COMMERCIAL SERVICES.

Definitions

Notes

N1

This function is intended to cover the provision of all commercial services, regardless of their nature and how they are provided, with the exception of consultancy services which are covered by CONSULTANCY.

N2

This function is intended to cover the corporate management of all commercial services which are provided directly by the institution. Where a commercial service is provided 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).

 

 

 
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