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What do the terms “proprietary interest” and “monetary value” mean (economic and other interests of the Calgary Board of Education)?

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What do the terms “proprietary interest” and “monetary value” mean (economic and other interests of the Calgary Board of Education)?

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10

To have a “proprietary interest” in information means that the Calgary Board of Education must be able to demonstrate rights to the information either through direct ownership or contractual rights or licensing agreements. For information to have “monetary value,” it is normally necessary to demonstrate that it has potential for financial return to the Calgary Board of Education. Examples might be special computer software or a systems design that could be patented or licensed and marketed for a profit.

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