When Do I Need To Report A Conflict Of Interest?

Conflicts of interest must be reported when a real, or perceived, conflict of interest exists. 

A conflict of interest related to research may exist when you or your spouse, domestic partner, or dependent children ("family members") have a financial interest or business relationship in an entity that is related to a research project (including family members serving as CoPIs and/or senior personnel at another institution being subcontracted).

To determine whether you have a financial interest or relationship related to the project answer the following questions. If you can you answer "YES" to any one of them you may have a conflict and must disclose your financial interest or relationship.

• Do you own stocks, stock options, real estate or have other ownership interests in an entity related to the sponsored research project?
• Do your spouse, domestic partner, or dependent children ("family members") own stock, stock options, or other ownership interest in an entity related to the sponsored research project?
• During the next 12 months, will you or your family member receive salary, consulting fees, royalties, honoraria, dividends or other payments from an entity (other than UCF or a government or nonprofit entity) related to the sponsored research project?
• Do you or a family member hold a management position in (director, officer, partner, or trustee) an entity related to the sponsored research project?
• An entity "related" to the sponsored research includes but is not limited to:
• The sponsor(s) or funding source(s) of the research;
• A supplier of equipment, materials, products, or services related to the research;
• The holder of any ownership interest in a product being investigated;
• A business commercializing a product that the research is intended to evaluate or further develop;
• A party whose financial interests would seem to be directly and significantly affected by the proposed research.