Resolution 2007-6. Encouraging use of Office of Technology Development’s Resources for the Commercialization of Works


WHEREAS, the University wishes to encourage the dissemination of copyrighted works owned by the faculty;

WHEREAS, one form of dissemination, the commercialization of works, provides one model for distribution of works to the public;

WHEREAS, the Office of Technology Development (OTD) has expertise in the commercialization of certain kinds of works and wishes to assist faculty with the dissemination and commercialization of those works;

WHEREAS, OTD believes that the current Copyright Policy does not provide sufficient economic incentive to faculty authors of certain kinds of works to use OTD’s services to commercialize those works;

WHEREAS, OTD believes that increasing the revenue that the University shares with such faculty will create such an incentive;

WHEREAS, the proposed increased economic incentive is consistent with the revenue sharing currently provided under the University’s Patent and Copyright Procedures;

WHEREAS, use of the services of OTD will continue to be optional for faculty who own copyright in their works;

WHEREAS, OTD will not be required to commercialize any particular work;

NOW THEREFORE, the General Faculty resolves as follows:

The Copyright Policy of the University of North Carolina at Chapel Hill should be modified in the form as substantially set forth in Exhibit 1 hereto in order to permit the University to increase the amount of revenue shared with creators, including faculty creators, of copyrighted works commercialized by the University’s Office of Technology Development.