Institutional Conflicts of Interest in Academic Research
Resnik, D.B.
Science and Engineering Ethics 25(6): 1661-1669
2019
ISSN/ISBN: 1353-3452
PMID: 26446768
DOI: 10.1007/s11948-015-9702-9
Accession: 058127718
Financial relationships in academic research can create institutional conflicts of interest (COIs) because the financial interests of the institution or institutional officials may inappropriately influence decision-making. Strategies for dealing with institutional COIs include establishing institutional COI committees that involve the board of trustees in conflict review and management, developing policies that shield institutional decisions from inappropriate influences, and establishing private foundations that are independent of the institution to own stock and intellectual property and to provide capital to start-up companies.