Difference between revisions of "University of Maryland Baltimore County"
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| − | We were able to locate detailed royalty sharing information for the University of Maryland dating as far back as 1991. Since then, the royalty sharing arrangement has been modified | + | We were able to locate detailed royalty sharing information for the University of Maryland dating as far back as 1991. Since then, the royalty sharing arrangement has been modified once. |
| − | + | The University of Maryland Baltimore County follows the University of System Maryland (USM) IP Policy, which allows each campus to create their own as long as it is in line with the USM Policy. The University of Maryland Baltimore County has not created its own standalone IP policy and still follows the USM IP Policy. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
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=== 2003 Policy === | === 2003 Policy === | ||
Latest revision as of 14:11, 6 September 2019
We were able to locate detailed royalty sharing information for the University of Maryland dating as far back as 1991. Since then, the royalty sharing arrangement has been modified once.
The University of Maryland Baltimore County follows the University of System Maryland (USM) IP Policy, which allows each campus to create their own as long as it is in line with the USM Policy. The University of Maryland Baltimore County has not created its own standalone IP policy and still follows the USM IP Policy.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Maryland Baltimore County | 1991 | 2002 | No | 0.75 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| University of Maryland Baltimore County | 2003 | 2017 | No | 0.60 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.3 | No | Yes |
Policy Excerpts
2003 Policy
University of Maryland Policy on Patents (2003)
The first payment from Revenue shall be made to the creator/inventor. Ten percent (10%) of the Revenue received each fiscal year shall be distributed to the creator/inventor until the cumulative total reaches the limit set pursuant to this Section that was in effect during the fiscal year in which the University first received Revenue from the copyright. The limit in fiscal year 2003 is $10,000.
[T]hirty percent (30%) of the Revenue received each fiscal year shall be distributed to the University to cover the general cost of developing, obtaining, managing, and defending the Intellectual Property.
Up to sixty percent (60%) of the Revenue received during a fiscal year shall be applied to reimburse the University any specific, incremental expenses it has incurred to obtain, maintain, defend, develop, market, and/or license the Intellectual Property.
Fifty percent (50%) of the Net Revenue received each fiscal year by the University shall be distributed to the creator/inventor.
1991 Policy
University of Maryland Policy on Patents (1991)
The revenues (net, if applicable per the preceding paragraph), which are received from a patent or invention, will be applied first to reimburse the University System Administration or constituent institution for any specific, incremental expenses incurred by it in obtaining and maintaining the patent and in marketing, licensing and defending the patent or licensable invention. After provision for such expenses, such revenues shall be shared as follows: (1) the first $5,000 will be paid to the inventor or inventors: (2) thereafter the inventor(s) will receive fifty percent of such revenues.
