Glossary
Business (noun, e.g., a business):
Any corporation, partnership, sole proprietorship, limited liability company, limited liability partnership, firm, franchise, association, organization, holding company, joint stock company, receivership, business or real estate trust, or any other legal entity organized for profit or charitable purposes, but excluding OHSU, any affiliated hospital, any private medical practice, or any other entity controlled by, controlling, or under common control with OHSU.
Conflict of Interest:
A conflict of interest exists when an employee's financial interests or other obligations interfere, or appear to interfere, with the employee's obligations to act in the best interest of the University and without improper bias. The mere appearance of a conflict may be as serious and potentially damaging to the public trust as an actual conflict. Therefore, potential conflicts must be disclosed, evaluated, and managed with the same thoroughness as actual conflicts.
Executive Position:
Any position that includes responsibilities for a material segment of the operation or management of a business. This would include a position on a Board of Directors.
Family:
A spouse and/or dependent child/children.
Financially Interested Business:
Any business with financial interests that would reasonably appear to be affected by the conduct or outcome of any of your current or proposed research projects (including the sponsor of the research and/or the manufacturer, owner, assignee, or licensee of an investigational product or technology used in the research). This term includes businesses that compete with the sponsor or the manufacturer/licensee of an investigational product, if the covered individual actually knows that the financial interests of such a business would reasonably appear to be affected by the research. This term also includes any entity acting as the agent of a financially interested business (e.g., a contract research organization).
Investigator:
The principal investigator, co-investigator and other OHSU employees or volunteers, or any OHSU research collaborator, including visiting scientists, responsible for the design, conduct or reporting of research or educational activities or responsible for preparing a proposal for research funding. "Investigator" includes the Investigator's spouse and dependent children.
Outside Business:
Any business (see definition above: business-noun) that is not affiliated with or controlled by OHSU
Participate:
To be part of the described activity in any capacity or position that may influence an outcome.
Project Period:
The project period should match the performance dates on the grant or contract or similar document. This may be an anticipated start and completion date.
Revision to Previous Disclosure:
A revised CoIR form is required prior to the annual update if any response has changed from "NO" to "YES". A revised CoIR form does not have to be submitted to update the list of grants/projects unless the new project involves a financially interested business with which you have a significant financial interest.
Significant Financial Interests in Research include the following interests of the investigator (and his or her spouse and dependent children), or of any business controlled or directed by the individual or his or her spouse:
- Consulting fees, honoraria (including honoraria from a third party, if the original source is a financially interested business), gifts or other "in kind" compensation from a financially interested business (or entitlement to the same), whether for consulting, lecturing, service on an advisory board, or for any other purpose not directly related to the reasonable costs of conducting the research (as specified in the research agreement), that in the aggregate have in the prior calendar year exceeded the de minimis amount established in PHS regulation (presently $10,000), or are expected to exceed that amount in the next twelve months.
- Equity interests, including stock options, of any amount in a non-publicly-traded financially interested business (or entitlement to the same).
- Equity interests (or entitlement to the same) in a publicly-traded financially interested business that exceed the defined de minimis amount (see exceptions below).
- Royalty income or the right to receive future royalties under a patent license, copyright, or other agreement where the research is directly related to the licensed technology or work.
- Any non-royalty payments or entitlements to payments in connection with the research that are not directly related to the reasonable costs of the research (as specified in the research agreement between the sponsor and the institution). This includes any bonus or milestone payments to the investigators in excess of reasonable costs incurred, whether such payments are received from a financially interested business or from the institution.
- Service as an officer, director, or in any other executive position for a financially interested business , whether or not remuneration is received for such service.
Exceptions: Significant financial interests in research do not include the following:
- Interests of any amount in publicly traded, diversified mutual funds.
- Stock or stock options in a publicly-traded company that (when valued in reference to current public prices or using accepted valuation methods) meets the de minimis criteria established in PHS financial disclosure regulations (presently, an interest that does not exceed $10,000 in value and does not represent more than a 5% ownership interest in any single entity).
- Payments to the institution, or via the institution to the individual, that are directly related to reasonable costs incurred in the conduct of research as specified in the research agreement(s) between the sponsor and the institution.
- Salary and other payments for services from the institution, including approved faculty practice plan earnings and the distribution of those earnings that may be established by departmental or other similar agreements provided that those agreements and departmental/divisional group plans are approved by the President.
Income from seminars, lectures, or teaching engagements sponsored by public or nonprofit entities. - Income from service on governmental and not for profit advisory bodies, (including scientific and technical groups) commissions, committees of professional associations related to the employee's work and consultations with persons in other governmental agencies or not for profit organizations on matters of mutual interest to the entity and OHSU.
Student:
Any person enrolled in an OHSU undergraduate or graduate program, postdoctoral fellows, interns, or other trainees.