Term of the plan generally, plans are valid for one year from filing or from the filing date until June 30, whichever is shorter, and must be updated annually thereafter).

Participation in institutional decisions on transactions with outside entities in which the employee has a Significant Financial Interest.

Use of institutional facilities and resources for consulting activities.

Use of institutional name in commercial activity.

Conditions for the sale or transfer of equity when the institution has an equity interest.

Assignment of students and trainees to research or other scholarly activities, sponsored or not sponsored (e.g., analysis and testing agreements, service-center work, sponsored activities, etc.).If an oversight committee will be used, specification of its: Membership В Functions Frequency of reports Reports contents Frequency of meetings Reporting delegation (i.e., to whom do reports go) Scope of its authority (e.g., decide, recommend) Method for receipt of complete, accurate and timely information.Definition of key terms used in or necessary to understand and follow the management plan.Communication with government regulators (e.g., the FDA, EPA, USDA or CDC).Acknowledgement of compliance with law, regulation and institutional policy.Identification of the approvers of covered activities.Scope and nature of permissible activities (e.g., hiring university students in the outside endeavor or serving as principal investigator on projects funded by the external concern).Disclosing certain aspects about the relationship to third parties such as sponsors, journals, prospective donors.

Disclosing future developments in the external relationship to the institution.Issues that may be addressed in a management plan include but are not limited to: Family members working together on a sponsored project.Having a Significant Financial Interest in a business that: sponsors the employeeвЂ™s research or hires an NC State student whom the employee serves in a supervisory or mentoring capacity or sells merchandise or services to the university while simultaneously working in the university business unit that makes purchasing decisions.Serving on the board of directors or scientific advisory board of an enterprise that provides financial support for the employee or their immediate family to conduct university research.Requiring students to purchase the textbook or related instructional materials of the employee or members of their immediate family, which produces compensation for the employee or family member.Participating in university research involving intellectual property (IP) owned by or contractually obligated to a business in which the individual or their immediate family has a consulting relationship, has a Significant Financial Interest, or holds an executive position (e.g., startup companies).You will also understand the key items that are typically included in a management plan.Д®xamples of circumstances that require disclosure and a management plan include but are not limited to: After viewing the module, you will be able to recognize when a management plan is needed and identify who needs to be involved in the establishment and ongoing oversight of a management plan.

We encourage everyone - especially those who suspect their circumstances may require a management plan - to take this module. SPARCS has developed the COI Management Plan Overview eLearning module, which summarizes the management plan process. It is a document that outlines and implements measures to actively reduce, mitigate or eliminate an actual, potential or perceived conflict of interest held by an employee. The management plan is a key component of this process. This requires the establishment of a carefully controlled and monitored process to ensure we meet standards of objectivity that are critical to the preservation and expansion of knowledge.

Nonetheless, the university must also adhere to federal, state and sponsor regulations regarding conflicts of interest (COI) while safeguarding public trust in the integrity and truthfulness of our institutionвЂ™s research. Consistent with the entrepreneurial spirit of innovation at NC State University, the institution encourages the transfer and advancement of knowledge through relationships with outside businesses, scholarly publications, and the creation and licensing of intellectual property.

Coi oversight process