Difference between revisions of "Brown University"
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| − | + | Brown University has amended its patent policies once since 1981. The share given to the inventor dropped from 50% to 33% when the 2005 patent policy went into effect. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === Current Policy === |
[http://universitypatentdata.com/images/2/2d/Brown_2005.pdf 2005 Policy] | [http://universitypatentdata.com/images/2/2d/Brown_2005.pdf 2005 Policy] | ||
| − | ''The Office of Brown Technology Partnerships will deduct 15% of the gross Royalties it receives as a contribution towards the costs of operating the Office for the University. | + | ''The Office of Brown Technology Partnerships will deduct 15% of the gross Royalties it receives as a contribution towards the costs of operating the Office for the University.'' |
| − | + | Net royalties are divided as follows: | |
| − | + | :Inventor: 1/3 | |
| − | : | + | :PI's Laboratory and Department Share: 1/3 |
| − | : | + | :University Share: 1/3 |
| − | : | ||
| − | |||
| − | |||
=== 1981 Policy === | === 1981 Policy === | ||
[http://universitypatentdata.com/images/5/5a/Brown_1981.pdf 1981 Policy] | [http://universitypatentdata.com/images/5/5a/Brown_1981.pdf 1981 Policy] | ||
| + | |||
''For any invention for which the University and inventor have an interest, the equity of the University and inventor shall be determined according to the following schedule: | ''For any invention for which the University and inventor have an interest, the equity of the University and inventor shall be determined according to the following schedule: | ||
| Line 59: | Line 57: | ||
== Relevant Links == | == Relevant Links == | ||
*[https://web.archive.org/web/20181014122637/https://www.brown.edu/research/conducting-research-brown/commercializing-technology Brown University Industry Engagement and Commercial Venturing Department] | *[https://web.archive.org/web/20181014122637/https://www.brown.edu/research/conducting-research-brown/commercializing-technology Brown University Industry Engagement and Commercial Venturing Department] | ||
| − | *[http://universitypatentdata.com/images/5/5a/Brown_1981.pdf Brown | + | *[http://universitypatentdata.com/images/5/5a/Brown_1981.pdf Brown University Faculty Rules and Regulations] |
| − | *[http://universitypatentdata.com/images/2/2d/Brown_2005.pdf Brown | + | *[http://universitypatentdata.com/images/2/2d/Brown_2005.pdf Brown University Patent and Invention Policy and Copyright Policy] |
Latest revision as of 15:26, 23 July 2019
Brown University has amended its patent policies once since 1981. The share given to the inventor dropped from 50% to 33% when the 2005 patent policy went into effect.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brown University | 1981 | 2005 | No | 0.50 | 0.50 | 0.50 | 0.25 | 0.25 | 0.25 | 0.20 | 0 | No | No |
| Brown University | 2006 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.15 | Yes | No |
Policy Excerpts
Current Policy
The Office of Brown Technology Partnerships will deduct 15% of the gross Royalties it receives as a contribution towards the costs of operating the Office for the University.
Net royalties are divided as follows:
- Inventor: 1/3
- PI's Laboratory and Department Share: 1/3
- University Share: 1/3
1981 Policy
For any invention for which the University and inventor have an interest, the equity of the University and inventor shall be determined according to the following schedule:
- i. the first $100,000 of net income shall be distributed equally between the inventor and the department of the inventor.
- 50% to the Inventor(s)
- 50% to the Department(s)
- ii. net income in excess of $100,000 but less than $1,000,000 shall be distributed as follows.
- 25% to the Inventor(s)
- 75% to the University
- iii. net income in excess of $1,000,000 shall be distributed as follows
- 20% to the Inventor(s)
- 80% to the University
- iv. net income shall be defined as income after all deductions of expense for processing and development.
