Difference between revisions of "California Institute of Technology"
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== Policy Excerpts == | == Policy Excerpts == | ||
− | === | + | === 1995 Policy === |
− | '' | + | ''Where income is derived from such licensing, the inventor or inventors, collectively, will |
+ | receive 25% of the income received by the Institute after the deduction of 1) unreimbursed | ||
+ | external expenses associated with obtaining, maintaining, licensing and/or enforcing the | ||
+ | patent or rights associated with the invention; and 2) the share of the income owed by | ||
+ | Caltech to a third party pursuant to an income-sharing agreement between Caltech and the | ||
+ | third party. In the event of multiple inventions in a license agreement, each inventor shall | ||
+ | receive a proportion of that income according to Caltech internal procedures.'' | ||
+ | |||
+ | === 1993 and 1995 Policy === | ||
+ | |||
+ | ''Prior to 1994, Caltech shared 15% of patent licensing revenues with inventors, with the remaining 85% going to university’s general budget; in July 1994, that was changed so that 25% went to inventors, 75% to the university. '' | ||
== Relevant Links == | == Relevant Links == |
Revision as of 17:49, 3 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
California Institute of Technology | 1993 | 1994 | Yes | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0 | No | No |
California Institute of Technology | 1995 | 2017 | Yes | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
Policy Excerpts
1995 Policy
Where income is derived from such licensing, the inventor or inventors, collectively, will receive 25% of the income received by the Institute after the deduction of 1) unreimbursed external expenses associated with obtaining, maintaining, licensing and/or enforcing the patent or rights associated with the invention; and 2) the share of the income owed by Caltech to a third party pursuant to an income-sharing agreement between Caltech and the third party. In the event of multiple inventions in a license agreement, each inventor shall receive a proportion of that income according to Caltech internal procedures.
1993 and 1995 Policy
Prior to 1994, Caltech shared 15% of patent licensing revenues with inventors, with the remaining 85% going to university’s general budget; in July 1994, that was changed so that 25% went to inventors, 75% to the university.