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The Faculty Handbook (August 2014)INTELLECTUAL PROPERTY AND TECHNOLOGY TRANSFER POLICY INTELLECTUAL PROPERTY Section I. Introduction Virginia Wesleyan College is a community dedicated to teaching,
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Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, designs, and symbols. Technology refers to the practical application of scientific knowledge for a specific purpose.
Individuals, companies, and organizations that have developed inventions, creative works, or designs that they want to protect and potentially profit from are required to file for intellectual property protection.
To fill out intellectual property forms, individuals need to provide detailed information about their creation, including its nature, purpose, and how it differs from existing works. They may also need to include supporting documents and pay filing fees.
The purpose of intellectual property protection is to encourage innovation and creativity by providing creators with exclusive rights to their creations. Technology helps in the practical application of these intangible assets.
Information such as the title of the creation, a description of its features, the name of the creator or inventor, and any relevant supporting documentation must be reported on intellectual property forms.
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