Difference between revisions of "Ball State University"
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[https://www.bsu.edu/-/media/www/departmentalcontent/tech%20transfer/ip%20policy.pdf Ball State 2013 Policy] | [https://www.bsu.edu/-/media/www/departmentalcontent/tech%20transfer/ip%20policy.pdf Ball State 2013 Policy] | ||
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''Income received during the preceding Ball State fiscal year related to Ball State owned intellectual | ''Income received during the preceding Ball State fiscal year related to Ball State owned intellectual | ||
property shall be distributed once annually as follows: | property shall be distributed once annually as follows: | ||
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STEP: | STEP: | ||
| − | 1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial | + | ''1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial |
indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to | indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to | ||
arrive at the annual Adjusted Income. (See Exhibit A, attached hereto) | arrive at the annual Adjusted Income. (See Exhibit A, attached hereto) | ||
| − | 2. Distribute one‐third of the Adjusted Income to the inventors/authors. | + | ''2. Distribute one‐third of the Adjusted Income to the inventors/authors. |
| − | 3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the | + | ''3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the |
research and development of intellectual property by funding the operations and economic | research and development of intellectual property by funding the operations and economic | ||
development mission of the Ball State Innovation Corporation, the Ball State Innovation Management | development mission of the Ball State Innovation Corporation, the Ball State Innovation Management | ||
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as determined by the President of Ball State or her designee. | as determined by the President of Ball State or her designee. | ||
| − | 4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the | + | ''4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the |
inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income | inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income | ||
exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research | exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research | ||
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| − | In the event there is more than one inventor/author for the intellectual property, the inventor/author | + | ''In the event there is more than one inventor/author for the intellectual property, the inventor/author |
share shall be divided among them as they agree in writing. In the absence of a written agreement, the | share shall be divided among them as they agree in writing. In the absence of a written agreement, the | ||
inventors/authors shall attempt to reach agreement among themselves as to the fair and equitable | inventors/authors shall attempt to reach agreement among themselves as to the fair and equitable | ||
Revision as of 23:05, 27 January 2019
Little blurb about what we know.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ball State University | 1991 | 2008 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| Ball State University | 2009 | 2012 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | No | No |
| Ball State University | 2013 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.1 | No | No |
Policy Excerpts
2013 Policy
Income received during the preceding Ball State fiscal year related to Ball State owned intellectual property shall be distributed once annually as follows:
STEP:
1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to arrive at the annual Adjusted Income. (See Exhibit A, attached hereto)
2. Distribute one‐third of the Adjusted Income to the inventors/authors.
3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the research and development of intellectual property by funding the operations and economic development mission of the Ball State Innovation Corporation, the Ball State Innovation Management Services LLC, and/or the Ball State Technology Transfer Office, or for funding of other Ball State priorities as determined by the President of Ball State or her designee.
4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research and development of intellectual property as designated in the preceding paragraph.
In the event there is more than one inventor/author for the intellectual property, the inventor/author
share shall be divided among them as they agree in writing. In the absence of a written agreement, the
inventors/authors shall attempt to reach agreement among themselves as to the fair and equitable
allocation of royalties among them based upon their relative contributions to the work.
In the event they fail to reach agreement, any one of the inventors/authors may request that the Patent
and Copyright Committee evaluate the relative contributions of the inventors/authors and propose an
appropriate royalty allocation. Upon a written request from an inventor/author, the Patent and
Revised and Approved by Board of Trustees February 8, 2013.
Relevant Links
"Ball State University Partnering Office"
- Link to policy related to Policy Excerpt #1
- Link to policy related to Policy Excerpt #2
