Intellectual Property

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce.

University means Richmont Graduate University.
Creator refers to any person employed by or enrolled at the University who produces works considered to be Intellectual Property.
Substantial use of university facilities means the extensive unreimbursed use of major university laboratory, computational facilities, or human resources. The use of these facilities must be important to the creation of the intellectual property; merely incidental use of a facility does not constitute substantial use, nor does extensive use of a facility commonly available to all faculty or professional staff (such as libraries and offices). Use is considered "extensive" and facilities will be considered "major" if the use of similar facilities would cost the creator more than $2000 (two thousand dollars) if purchased or leased in the public market.