Difference between revisions of "Brown University"
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=== 2005 Policy === | === 2005 Policy === | ||
| + | [http://universitypatentdata.com/images/2/2d/Brown_2005.pdf 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. | ''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. | ||
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=== 1981 Policy === | === 1981 Policy === | ||
| − | + | [http://universitypatentdata.com/images/5/5a/Brown_1981.pdf 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: | ''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: | ||
Revision as of 20:28, 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
- University Share: 1/3
1981 Policy
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.
