Hub Ethics
Building a future, where innovation and integrity go hand in hand.
Our Commitment to Ethics
Upholding the highest ethical standards is paramount at the W&M Entrepreneurship Hub. We expect all patrons engaging with the Hub to uphold the ethical principles outlined in William & Mary's Code of Ethics.
For more details on the William & Mary Code of Ethics, please visit the university’s policy page.
Expectations for Hub Patrons
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Compliance with Ethical Policies
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Support and resources provided by the Hub are contingent upon compliance with the university’s ethics guidelines. Integrity and accountability are required in order to leverage all the Hub does to offer aspiring entrepreneurs. You recognize that you benefit from a community that is larger than yourself and precedes your participation, and you agree to be a good steward of those community resources. You hereby agree to maintain the standards of integrity and ethical behavior described above, and if you fail to uphold these ethical standards, you will have potentially committed a serious violation of this agreement.
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Penalties can include, but are not limited to,
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suspension of participation in W&M-sanctioned entrepreneurship activities,
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expulsion from the university,
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job termination,
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and/or legal action.
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Violations will be reported to the provost or provost’s designee and may be referred to the appropriate honor councils for disciplinary action, in addition to being pursued by the Office of Compliance and Equity.
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Entrepreneurial Examples
To illustrate how William & mary's Code of Ethics applies within the entrepreneurial context, consider the following examples of misconduct to avoid:- Plagiarism and Intellectual Property Theft: Using someone else's ideas, inventions, or work without proper acknowledgment.
- Fraudulent Financial Practices: Misreporting financial data or manipulating accounts to mislead stakeholders.
- Conflict of Interest: Engaging in business activities that benefit personal interests at the expense of the university or its community.
- Breach of Confidentiality: Sharing proprietary or sensitive information without authorization.
- Discrimination or Harassment: Engaging in any form of discrimination or harassment within entrepreneurial projects or teams.
- Willful Misrepresentation: Deliberately presenting false or misleading information to deceive others.
These actions not only violate the Code of Ethics but also undermine the integrity and trust essential for a vibrant entrepreneurial ecosystem.
The Role of Ethics in Entrepreneurial Endeavors
Maintaining ethical standards in entrepreneurship is fundamental to fostering trust, credibility, and sustainable growth. Just as clear road signs guide safe travel, ethical practices provide a roadmap for navigating the complexities of business endeavors. By upholding integrity in all interactions and decisions, entrepreneurs cultivate an environment where transparency, honesty, and accountability thrive. Ethical conduct not only safeguards the reputation and success of ventures but also fosters a culture of mutual respect and collaboration. In essence, ethics form the foundation upon which innovative ideas flourish and meaningful impact is achieved.
By adhering to these standards, we not only protect the reputation and resources of William & Mary, but also contribute to a culture of ethical entrepreneurship that drives positive change and innovation.