Difference between revisions of "California Institute of Technology"
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| − | + | The California Institute of Technology has had one revision to its patent policy since 1993. An increase of 10% was seen in the share given to the inventor from 1994 to 1995. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === Current Policy === |
| − | '' | + | [http://universitypatentdata.com/images/b/bd/CalTech_2007.pdf 2007 Policy] |
| + | |||
| + | ''Where income is derived from such licensing, the inventor or inventors, collectively, will | ||
| + | ''receive 25% of the income received by the Institute after the deduction of 1) unreimbursed | ||
| + | ''external expenses associated with obtaining, maintaining, licensing and/or enforcing the | ||
| + | ''patent or rights associated with the invention; and 2) the share of the income owed by | ||
| + | ''Caltech to a third party pursuant to an income-sharing agreement between Caltech and the | ||
| + | ''third party. In the event of multiple inventions in a license agreement, each inventor shall | ||
| + | ''receive a proportion of that income according to Caltech internal procedures.'' | ||
| + | |||
| + | === 1993 and 1995 Policy === | ||
| + | |||
| + | Confirmed by a representative at Caltech, prior to 1994, Caltech shared 15% of patent licensing revenues with inventors, with the remaining 85% going to university’s general budget; in July 1994, that was changed so that 25% went to inventors, 75% to the university. | ||
== Relevant Links == | == Relevant Links == | ||
*[https://web.archive.org/web/20181231053601/http://www.innovation.caltech.edu/ California Institute of Technology Tech Transfer Office] | *[https://web.archive.org/web/20181231053601/http://www.innovation.caltech.edu/ California Institute of Technology Tech Transfer Office] | ||
| − | *[http://universitypatentdata.com/images/ | + | *[http://universitypatentdata.com/images/b/bd/CalTech_2007.pdf CalTech Online Information on Patent Policy] |
| − | |||
Latest revision as of 13:31, 27 July 2019
The California Institute of Technology has had one revision to its patent policy since 1993. An increase of 10% was seen in the share given to the inventor from 1994 to 1995.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| California Institute of Technology | 1993 | 1994 | Yes | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0 | No | No |
| California Institute of Technology | 1995 | 2017 | Yes | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
Policy Excerpts
Current Policy
Where income is derived from such licensing, the inventor or inventors, collectively, will receive 25% of the income received by the Institute after the deduction of 1) unreimbursed external expenses associated with obtaining, maintaining, licensing and/or enforcing the patent or rights associated with the invention; and 2) the share of the income owed by Caltech to a third party pursuant to an income-sharing agreement between Caltech and the third party. In the event of multiple inventions in a license agreement, each inventor shall receive a proportion of that income according to Caltech internal procedures.
1993 and 1995 Policy
Confirmed by a representative at Caltech, prior to 1994, Caltech shared 15% of patent licensing revenues with inventors, with the remaining 85% going to university’s general budget; in July 1994, that was changed so that 25% went to inventors, 75% to the university.
