New & Notable:
Conflict of Interest: Policies and Management
Purdue acknowledges that University employees, and their families and dependents, have the right to acquire, retain, and accumulate personal financial assets, and to establish financial relationships with outside private entities. However, each University employee also has the responsibility to manage his or her financial affairs and relationships in a manner that does not interfere with, or improperly influence the performance of, his or her duties and responsibilities as a University employee. Under certain circumstances, financial interests of employees, their spouses and/or their dependent children, must be disclosed to the University to satisfy the requirements of Indiana state statute, to preserve the objectivity of Purdue’s discovery, learning, and engagement missions, and/or to ensure the integrity of Purdue’s business practices.
One route through which faculty and staff participate in technology transfer and the engagement mission of the University is involvement in a variety of outside activities with third parties. These outside activities take many forms and may involve both commitments of time and effort, and financial relationships with non-Purdue entities. Under Purdue policy, participation in outside activities by faculty and staff may be approved if it does not conflict with the individual's role and responsibilities as a University employee.
Financial Conflict of Interest FAQ
Managing Conflicts of Interest
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