Conflicts of interest exist when an individual's personal financial or other interests could improperly influence execution of his/her University responsibilities. Conflicts are not inherently unacceptable, but must be identified and managed to prevent bias in the scientific process.
The University recognizes that many potential conflicts of interest do not constitute actual conflicts or may be acceptable with proper oversight and safeguards by managing, reducing or eliminating the conflict, if necessary.
The conflict of interest and commitment policy of the University serves as a guide to faculty and other employees with principal responsibility for research projects conducted at Michigan Tech University.