Difference between revisions of "Florida State University"

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[https://web.archive.org/web/20190403185719/https://www.research.fsu.edu/research-offices/oc/fsu-inventors/inventions-and-disclosures/ 2019 Policy]
 
[https://web.archive.org/web/20190403185719/https://www.research.fsu.edu/research-offices/oc/fsu-inventors/inventions-and-disclosures/ 2019 Policy]
  
As summarized by email (and reflected in the above policies), income from patents is distributed as follows:
+
Income from patents is distributed as follows:
 
   
 
   
''$500 to the inventor(s) when a patent issues
+
''FSU Policy allows for named inventors to share in a $500 award for each issued U.S. patent. Royalties or other income resulting from inventions in which the University takes title will be distributed as follows:
+
:''For the first $10,000:
''Royalty payments for the first $10,000 in income received:
+
::''85% to Inventor(s)
:''85% to the inventor(s)
+
::''15% to University (FSU Research Foundation)
:''15% to the University
+
:''Once the $10,000 plateau has been reached, net income (gross royalties minus direct costs of patenting, licensing, legal, and other related expenses will be divided as follows:
+
::''40% to Inventor(s)
''After the first $10,000 has been received, net income (gross royalties less direct costs of patenting, licensing, legal and other related expenses) are divided as follows:
+
::''30% to Inventor(s) Academic Unit(s)
:''40% to inventor(s)
+
::''30% to University (FSU Research Foundation)
:''30% to the department or unit (or both) of which the inventor is a member
 
:''30% to the University
 
  
 
== Relevant Links ==
 
== Relevant Links ==
 
*[https://web.archive.org/web/20171111140218/https://www.research.fsu.edu/research-offices/oc Florida State University Tech Transfer Office]
 
*[https://web.archive.org/web/20171111140218/https://www.research.fsu.edu/research-offices/oc Florida State University Tech Transfer Office]
 
*[http://universitypatentdata.com/images/8/87/2017_Florida_State.pdf "Inventions and Disclosures | FSU Office of Research"]
 
*[http://universitypatentdata.com/images/8/87/2017_Florida_State.pdf "Inventions and Disclosures | FSU Office of Research"]

Revision as of 09:51, 23 July 2019

A 2015 email from a member of the Florida State University Office of the General Counsel confirmed that royalty sharing policies had been the same at least as far back as 1990.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Florida State University 1990 2017 No 0.85 0.40 0.40 0.40 0.40 0.40 0.40 0 No Yes

Policy Excerpts

Current Policy

2004 Faculty Handbook

2019 Policy

Income from patents is distributed as follows:

FSU Policy allows for named inventors to share in a $500 award for each issued U.S. patent. Royalties or other income resulting from inventions in which the University takes title will be distributed as follows:

For the first $10,000:
85% to Inventor(s)
15% to University (FSU Research Foundation)
Once the $10,000 plateau has been reached, net income (gross royalties minus direct costs of patenting, licensing, legal, and other related expenses will be divided as follows:
40% to Inventor(s)
30% to Inventor(s) Academic Unit(s)
30% to University (FSU Research Foundation)

Relevant Links