Commercial Enterprise Development and Licensing Administration

Such initiatives can be of significant mutual benefits to NJIT, the employee, the commercial entity, the general public, and the State of New Jersey. However, involvement of an NJIT employee with a commercial enterprise may create the possibility for conflicts of interest that should be resolved through proper review at the institutional level on a case-by-case basis.

Process for Request for Approval of a Commercial Enterprise

NJIT employees who are seeking to license and commercialize NJIT patents and intellectual property must complete, sign, and submit the Request for Approval for Development of a Commercial Enterprise Form (“Request Form”) prior to the development of a commercial enterprise and/or start-up company. Please answer all questions accurately and completely. Faculty and staff are reminded that they must certify that they are fully up to date with all mandatory ethics disclosure forms and trainings. NOTE:  The Request Form must be signed by your chair and dean before the ethics review begins.

Upon receipt of the completed Request Form, the Ethics Liaison Officer will review and advise the EDLA Committee with respect to ethics concerns and the ability to manage conflicts that may exist prior to the EDLA making its decision.

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