Licensing and Assignment
All Technology and Intellectual Property owned by Alfaisal University shall undergo a continuous, periodic assessment for potential.
The TTO shall work to publicize and promote technology owned by the University. This can be made through self-contained descriptions on the TTO website, or through dedicated portfolios and/or brochures.
The decision as to whether to license or to assign a technology shall bear in mind the interests of the University and the technology inventors. This includes moral, legal, and financial considerations, in addition to considerations for potential harm or hazard.
If the TTO decides that it will longer maintain the protection for a technology or an Intellectual Property, nor consider it for commercialization, it shall release the technology to its inventors. In such instances, the release will be subject to an irrevocable, perpetual, royalty-free, nonexclusive, worldwide right to the use of the Intellectual Property by Alfaisal University.