What is a competing interest well this is one papers stance (PLOS)
It is increasingly recognized that everyone — authors, authors’ employers (e.g., an academic institution, government department, commercial company, or other), sponsors of the work, reviewers, editors, and publishers — has competing interests of some sort. It is difficult for individual readers to assess objectively whether competing interests could have biased the presentation of, peer review of, or decision to publish a given work. Transparency of competing interests allows readers to better evaluate the possibility of such bias. Authors must declare all relevant competing interests for consideration during the review process.
Editors (professional or academic, paid or unpaid) and reviewers must declare their own competing interests and if necessary disqualify themselves from involvement in the assessment of a paper.
A competing interest as anything that interferes with, or could reasonably be perceived as interfering with, the full and objective presentation, peer review, editorial decision-making, or publication of research or non-research articles submitted to one of the journals. Competing interests can be financial or non-financial, professional, or personal. Competing interests can arise in relationship to an organization or another person. See below for definitions and examples of various competing interests.
Who needs to declare competing interests?
Everyone involved in authorship, funding, review, and editorial decision-making of submitted articles, or who wishes to comment on or rate published articles, must declare any and all relevant competing interests
Financial competing interests include but are not limited to:
ownership of stocks or shares;
paid employment or consultancy;
patent applications (pending or actual), including individual applications or those belonging to the institution to which the authors are affiliated and from which the authors may benefit;
research grants (from any source, restricted or unrestricted);
travel grants and honoraria for speaking or participation at meetings;gifts.
Authors must declare all potential financial competing interests involving people or organizations that might reasonably be perceived as relevant. Similarly, reviewers and academic and professional editors, paid or unpaid, must declare any financial relationships that could reasonably be perceived as relevant and/or could influence their objective review of the paper; if a financial competing interest exists, these individuals should recuse themselves from handling the paper. Anyone wishing to comment on or rate a published paper must also disclose any relevant financial interests. As a guide, any competing interest that arose within the five years either before or after the commencement of the research described, or within five years of the article being written, or within five years of events described in the article, should be declared. However, interests outside this time-frame might also be relevant; if so, they should also be declared so that their relevance can be judged by the journal editorial team.
Non-financial competing interests include but are not limited to:Professional:
acting as an expert witness;
membership in a government or other advisory board;
relationship (paid or unpaid) with organizations and funding bodies including nongovernmental organizations, research institutions, or charities;
membership of lobbying or advocacy organizations;
writing or consulting for an educational company.
personal relationships (i.e. friend, spouse, family member, current or previous mentor, adversary) with individuals involved in the submission or evaluation of a paper, such as authors, reviewers, editors, or members of the editorial board;
personal convictions (political, religious, ideological, or other) related to a paper’s topic that might interfere with an unbiased publication process (at the stage of authorship, peer review, editorial decision-making, or publication).
Authors, reviewers, editors, and anyone wishing to comment on a published paper must disclose any non-financial interests that might influence their reporting, handling, or review of the paper, or that might be negatively or positively affected by publication of the paper.
For example, authors are required to declare whether they have served or currently serve on the editorial board of the journal to which they are submitting, have acted as an expert witness in relevant legal proceedings, or have sat or currently sit on a committee for an organization that may benefit from publication of the paper.
Reviewers are required to declare whether they have held grants, co-authored papers, or worked in the same institution or organization with the authors of the study they are asked to review, or if they are in an adversarial relationship with the authors.
Similarly, editors — academic or professional, paid or unpaid — are required to recuse themselves from deliberations if they cannot evaluate a paper in an objective way because of personal relationships with the authors.
Finally, anyone who comments on or rates published papers must declare non-financial competing interests at the time of posting their comments and/or rating.
HERE IS ANOTHER (BMC Journal.well well)
A competing interest exists when your interpretation of data or presentation of information may be influenced by your personal or financial relationship with other people or organizations. Authors must disclose any financial competing interests; they should also reveal any non-financial competing interests that may cause them embarrassment were they to become public after the publication of the manuscript.
Authors are required to complete a declaration of competing interests. All competing interests that are declared will be listed at the end of published articles. Where an author gives no competing interests, the listing will read ‘The author(s) declare that they have no competing interests’.
When completing your declaration, please consider the following questions:
Financial competing interestsn the past five years have you received reimbursements, fees, funding, or salary from an organization that may in any way gain or lose financially from the publication of this manuscript, either now or in the future? Is such an organization financing this manuscript (including the article-processing charge)? If so, please specify.
Do you hold any stocks or shares in an organization that may in any way gain or lose financially from the publication of this manuscript, either now or in the future? If so, please specify.
Do you hold or are you currently applying for any patents relating to the content of the manuscript? Have you received reimbursements, fees, funding, or salary from an organization that holds or has applied for patents relating to the content of the manuscript? If so, please specify.
Do you have any other financial competing interests? If so, please specify.
Non-financial competing interests
Are there any non-financial competing interests (political, personal, religious, ideological, academic, intellectual, commercial or any other) to declare in relation to this manuscript? If so, please specify.
If you are unsure as to whether you, or one your co-authors, has a competing interest please discuss it with the editorial office.
BOTH OF THESE JOURNALS LIST FILING A PATENT AS A CONFLICT. NOW WHO PUBLISHES PAPERS AND FORGETS TO MENTION THAT THEY HAVE FILED PATENTS… I WONDER?
e.g. BMC Medical Genetics 2012, 13:70 doi:10.1186/1471-2350-13-70 and WO2012123785
Disclosure of financial conflicts of interest (COI) is intended to help reviewers assess the impact of potential bias on the validity of research results; however, there have been no empiric assessments of how reviewers understand and use disclosures in article evaluation. We investigate reviewers’ perceptions of potential bias introduced by particular author disclosures, and whether reviewer characteristics are associated with a greater likelihood of perceiving bias. We recommend that the monetary amount of all financial relationships be reported with manuscript submissions, lead authors certify that they have unrestricted access to data, and reviewers disclose any financial ties to industry whether or not they are related to the manuscript under review. Further research is required to better understand reviewers’ perceptions of financial relationships between authors and industry in order to develop clear and consistent guidelines for incorporating the perception of potential bias into manuscript assessments.
We recommend that the monetary amount of all financial relationships….This is all very noble but is very unlikely to happen and is wishful thinking. The Universities would be itching to get a hands on the cash…Oh they probably have already and taking most or all of it. It is a year old and no one has cited this I wonder why?. This could be a first.
Would half a million from a company that goes to pay for a clinical study of which you get nothing be worse than two grand consultancy that could go in your pocket or should I say the taxman’s pocket or be used to send a student to a meeting or pay for lab work to be done. So unless you say what you use the cash for then it is even more complex. Team G would not exist in its present form if we did not generate funds from what ever source.