Difference between revisions of "Brown University"
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:''Inventor's Share: 1/3 | :''Inventor's Share: 1/3 | ||
− | :''PI's Laboratory(ies) and Department(s) Share(s): 1/3 Distributed as follows: 50%:50% PIL:DEP until PIL has achieved a cumulative and thence capped ''income of $2,000,000 (two million) per license. At this point, the DEP receives the full 1/3 until DEP has achieved a cumulative and thence capped ''income of $10,000,000 (ten million) per license. At this point, the 1/3 income is transferred to the University to be added to its 1/3share | + | :''PI's Laboratory(ies) and Department(s) Share(s): 1/3 Distributed as follows: 50%:50% PIL:DEP until PIL has achieved a cumulative and thence capped :''income of $2,000,000 (two million) per license. At this point, the DEP receives the full 1/3 until DEP has achieved a cumulative and thence capped :''income of $10,000,000 (ten million) per license. At this point, the 1/3 income is transferred to the University to be added to its 1/3share |
:''University Share: 1/3 | :''University Share: 1/3 | ||
Revision as of 20:26, 2 February 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Brown University | 1981 | 2005 | No | 0.50 | 0.50 | 0.50 | 0.25 | 0.25 | 0.25 | 0.20 | 0 | No | No |
Brown University | 2006 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.15 | Yes | No |
Policy Excerpts
2005 Policy
The Office of Brown Technology Partnerships will deduct 15% of the gross Royalties it receives as a contribution towards the costs of operating the Office for the University.
After recovery of these expenses the remaining Net Royalties shall be divided as follows:
- Inventor's Share: 1/3
- PI's Laboratory(ies) and Department(s) Share(s): 1/3 Distributed as follows: 50%:50% PIL:DEP until PIL has achieved a cumulative and thence capped :income of $2,000,000 (two million) per license. At this point, the DEP receives the full 1/3 until DEP has achieved a cumulative and thence capped :income of $10,000,000 (ten million) per license. At this point, the 1/3 income is transferred to the University to be added to its 1/3share
- University Share: 1/3
1981 Policy
For any invention for which the University and inventor have an interest, the equity of the University and inventor shall be determined according to the following schedule:
- i. the first $100,000 of net income shall be distributed equally between the inventor and the department of the inventor.
- 50% to the Inventor(s)
- 50% to the Department(s)
- ii. net income in excess of $100,000 but less than $1,000,000 shall be distributed as follows.
- 25% to the Inventor(s)
- 75% to the University
- iii. net income in excess of $1,000,000 shall be distributed as follows
- 20% to the Inventor(s)
- 80% to the University
- iv. net income shall be defined as income after all deductions of expense for processing and development.