Difference between revisions of "North Dakota State University"
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| − | + | North Dakota State University has had one policy covering the period from 1995 (when they began reporting to AUTM) and 2014 (the end of the Ouellette & Tutt study). The university introduced a new policy in 2015. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === 2015 Policy === |
| + | [https://www.ndsu.edu/fileadmin/policy/190.pdf NDSU IP Policy (2015)] | ||
| − | '' | + | ''"Net Royalties": Gross revenues, including all royalties, licensing, and other fees generated as a direct result of IP, less the actual, out-of-pocket expenses incurred in procuring and maintaining protection, marketing (at the discretion of the System or one of its Institutions), licensing and enforcing rights in such IP. |
| + | |||
| + | ''Subject to any overriding obligations, Creators, or the Creators' heirs, successors, or assigns, shall be entitled to a minimum of forty (40) percent of the Net Royalties received by the Institution in connection with the Creators’ IP. Each Institution’s procedures should allocate remaining Net Royalties to be utilized principally in support of research. | ||
| + | |||
| + | === 1995 Policy === | ||
| + | [https://web.archive.org/web/20150417125314/http://www.ndsu.edu/fileadmin/policy/190.pdf NDSU IP Policy (2005)] | ||
| + | |||
| + | An email from a representative of NDSU stated that the policy through 2014 has remained the same with respect to inventor royalty share since at least 1995. | ||
| + | |||
| + | ''Net Royalties are defined as gross royalties and fees less the expenses incurred by the Institution in conducting the research and in procuring, protecting, preserving, maintaining, and licensing the patent and related property rights, and such other cost, taxes, or reimbursements as may be necessary or required by law. | ||
| + | |||
| + | ''Subject to restrictions arising from overriding obligations of the Institution pursuant to gifts, grants, contracts, or other agreements with outside organizations, the Institution agrees, for and in consideration of the assignment of patent rights or Inventions, to pay annually to the named Inventor(s), or to the Inventor(s)' heirs, successors, or assigns, a minimum of 30 percent of the net royalties and fees received by the Institution. | ||
| + | |||
| + | ''In addition to the Inventor's(s') share, the Net Royalties shall be disbursed by negotiated agreement with allocations to the originating department, the originating college/school, and the Institution.'' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://web.archive.org/web/20170714023508/https://www.ndsu.edu/research/tech_transfer/ NDSU Technology Transfer] |
| − | * | + | *[https://web.archive.org/web/20150417125314/http://www.ndsu.edu/fileadmin/policy/190.pdf NDSU IP Policy (2005)] |
| − | * | + | *[https://www.ndsu.edu/fileadmin/policy/190.pdf NDSU IP Policy (2015)] |
Latest revision as of 21:33, 29 August 2019
North Dakota State University has had one policy covering the period from 1995 (when they began reporting to AUTM) and 2014 (the end of the Ouellette & Tutt study). The university introduced a new policy in 2015.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North Dakota State University | 1995 | 2014 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | No | No |
Policy Excerpts
2015 Policy
"Net Royalties": Gross revenues, including all royalties, licensing, and other fees generated as a direct result of IP, less the actual, out-of-pocket expenses incurred in procuring and maintaining protection, marketing (at the discretion of the System or one of its Institutions), licensing and enforcing rights in such IP.
Subject to any overriding obligations, Creators, or the Creators' heirs, successors, or assigns, shall be entitled to a minimum of forty (40) percent of the Net Royalties received by the Institution in connection with the Creators’ IP. Each Institution’s procedures should allocate remaining Net Royalties to be utilized principally in support of research.
1995 Policy
An email from a representative of NDSU stated that the policy through 2014 has remained the same with respect to inventor royalty share since at least 1995.
Net Royalties are defined as gross royalties and fees less the expenses incurred by the Institution in conducting the research and in procuring, protecting, preserving, maintaining, and licensing the patent and related property rights, and such other cost, taxes, or reimbursements as may be necessary or required by law.
Subject to restrictions arising from overriding obligations of the Institution pursuant to gifts, grants, contracts, or other agreements with outside organizations, the Institution agrees, for and in consideration of the assignment of patent rights or Inventions, to pay annually to the named Inventor(s), or to the Inventor(s)' heirs, successors, or assigns, a minimum of 30 percent of the net royalties and fees received by the Institution.
In addition to the Inventor's(s') share, the Net Royalties shall be disbursed by negotiated agreement with allocations to the originating department, the originating college/school, and the Institution.
