Difference between revisions of "Brandeis University"

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(Excerpt #1)
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Little blurb about what we know.
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Brandeis University has revised their patent policies once since 1990. There was no major change in the division of royalties that was awarded to the inventor.  
  
 
== Summary ==
 
== Summary ==
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== Policy Excerpts ==
 
== Policy Excerpts ==
  
=== 2003 Policy ===
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=== Current Policy ===
[http://universitypatentdata.com/images/2/2b/Brandeis_2003.pdf 2003 Policy]
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[http://universitypatentdata.com/images/6/65/Brandeis_2017.pdf 2014 Policy]
  
''A. The University shall reimburse itself from the gross income from an invention for all out-of-pocket and contractual expenses related
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''With respect to University-supported IP, the University shall reimburse itself
to the invention. If a patent management firm is engaged to evaluate, file or market an invention, all expenses and fees of said firm will
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''from the gross income from such IP for all out-of-pocket and contractual expenses
be deducted prior to distribution of income to the University and inventors. Remaining and subsequent income shall be distributed as
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''related to the IP, including but not limited to legal and litigation expenses. If an
follows:
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''intellectual property management firm is engaged to evaluate, file or market IP,
 +
''all expenses and fees of said firm will be deducted prior to distribution of income
 +
''to the University and creators. Remaining and subsequent income shall be
 +
''distributed as follows:
 +
 
 +
''1. The creator(s), or his/her legal heirs, shall collectively receive 40%. A
 +
''creator’s right to this share continues if s/he departs the University.
 +
 
 +
''2. The department(s) or program(s) with which the creator(s) is associated shall
 +
''receive 15%. These funds are in addition to the regular University budget for
 +
''the department or program. At least one-half of these department/program
 +
''funds shall be allocated for the direct support of the creator’s research, scholarly
 +
''and creative activities, with the remainder used to foster research, scholarly and
 +
''creative activities in the department or program more generally. In the event of
 +
''the departure of a creator from the University, the portion otherwise allocated
 +
''for direct support of the creator’s activities shall remain with the department or
 +
''program.
 +
 
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''3. The University shall allocate 15% to a fund under the direction of the Provost
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''for the promotion of research, scholarly and creative activities.
 +
 
 +
''4. The University shall retain 15% for use at its discretion.
 +
 
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''5. The University shall allocate 15% in support of the OIPTT.
 +
 
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''6. Distributions shall be paid quarterly, and accompanied by reasonable
 +
''accounting and explanation of how they were calculated.
 +
''
  
the Inventor(s) shall receive 40%;
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=== 1990 Policy ===
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[http://universitypatentdata.com/images/2/2b/Brandeis_2003.pdf 1990 Policy]
  
the department(s) with which the Inventor(s) is associated shall receive 20%. These funds are in addition to the regular University
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''A. The University shall reimburse itself from the gross income from an invention for all out-of-pocket and contractual expenses related
budget for the department and shall be divided equally between direct support to the Inventor for his or her research and the Inventor's
+
''to the invention. If a patent management firm is engaged to evaluate, file or market an invention, all expenses and fees of said firm will
department to foster research in the department.
+
''be deducted prior to distribution of income to the University and inventors. Remaining and subsequent income shall be distributed as
 +
''follows:
  
the University shall allocate 20% to a fund under the direction of the President for the promotion of research; and
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''the Inventor(s) shall receive 40%;
  
the University shall retain 20% for use at its discretion.
+
''the department(s) with which the Inventor(s) is associated shall receive 20%. These funds are in addition to the regular University
 +
''budget for the department and shall be divided equally between direct support to the Inventor for his or her research and the Inventor's
 +
''department to foster research in the department.
  
B. Distributions shall be paid quarterly.
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''the University shall allocate 20% to a fund under the direction of the President for the promotion of research; and
  
C. If the provisions of this article are inconsistent with the requirements of a sponsorship agreement, then the sponsorship agreement
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''the University shall retain 20% for use at its discretion.
shall prevail.''
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''
  
 
== Relevant Links ==
 
== Relevant Links ==
 
*[https://web.archive.org/web/20180423083959/https://www.brandeis.edu/innovation/work-with-us/faculty-innovators/guide.html Brandeis University Innovation Office]
 
*[https://web.archive.org/web/20180423083959/https://www.brandeis.edu/innovation/work-with-us/faculty-innovators/guide.html Brandeis University Innovation Office]
*Link to policy related to Policy Excerpt #1
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*[http://universitypatentdata.com/images/6/65/Brandeis_2017.pdf Brandeis Intellectual Property Policy (2004)]
*Link to policy related to Policy Excerpt #2
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*[http://universitypatentdata.com/images/2/2b/Brandeis_2003.pdf Brandeis Patent Policies and Procedures (1990)]

Latest revision as of 13:30, 27 July 2019

Brandeis University has revised their patent policies once since 1990. There was no major change in the division of royalties that was awarded to the inventor.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Brandeis University 1990 2003 Yes 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0 Yes No
Brandeis University 2004 2017 Yes 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0 Yes No

Policy Excerpts

Current Policy

2014 Policy

With respect to University-supported IP, the University shall reimburse itself from the gross income from such IP for all out-of-pocket and contractual expenses related to the IP, including but not limited to legal and litigation expenses. If an intellectual property management firm is engaged to evaluate, file or market IP, all expenses and fees of said firm will be deducted prior to distribution of income to the University and creators. Remaining and subsequent income shall be distributed as follows:

1. The creator(s), or his/her legal heirs, shall collectively receive 40%. A creator’s right to this share continues if s/he departs the University.

2. The department(s) or program(s) with which the creator(s) is associated shall receive 15%. These funds are in addition to the regular University budget for the department or program. At least one-half of these department/program funds shall be allocated for the direct support of the creator’s research, scholarly and creative activities, with the remainder used to foster research, scholarly and creative activities in the department or program more generally. In the event of the departure of a creator from the University, the portion otherwise allocated for direct support of the creator’s activities shall remain with the department or program.

3. The University shall allocate 15% to a fund under the direction of the Provost for the promotion of research, scholarly and creative activities.

4. The University shall retain 15% for use at its discretion.

5. The University shall allocate 15% in support of the OIPTT.

6. Distributions shall be paid quarterly, and accompanied by reasonable accounting and explanation of how they were calculated.

1990 Policy

1990 Policy

A. The University shall reimburse itself from the gross income from an invention for all out-of-pocket and contractual expenses related to the invention. If a patent management firm is engaged to evaluate, file or market an invention, all expenses and fees of said firm will be deducted prior to distribution of income to the University and inventors. Remaining and subsequent income shall be distributed as follows:

the Inventor(s) shall receive 40%;

the department(s) with which the Inventor(s) is associated shall receive 20%. These funds are in addition to the regular University budget for the department and shall be divided equally between direct support to the Inventor for his or her research and the Inventor's department to foster research in the department.

the University shall allocate 20% to a fund under the direction of the President for the promotion of research; and

the University shall retain 20% for use at its discretion.

Relevant Links