Difference between revisions of "Brown University"

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(1981 Policy)
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Little blurb about what we know.
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Brown University has amended its patent policies once since 1991. The share given to the inventor dropped from 50% to 33% when the 2005 patent policy went into effect.
  
 
== Summary ==
 
== Summary ==

Revision as of 20:29, 2 February 2019

Brown University has amended its patent policies once since 1991. The share given to the inventor dropped from 50% to 33% when the 2005 patent policy went into effect.

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

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.

Relevant Links