Difference between revisions of "University of Georgia"
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| − | + | We were able to locate detailed royalty sharing information for the University of Georgia dating as far back as 1982. | |
| + | |||
| + | An email from a representative of the university stated that the university had a patent policy in 1982, which was silent as to distributions. Instead, these distributions were covered in a pamphlet titled "Guide to Patents for Faculty and Staff." The 1982 patent policy was replaced by the University of Georgia Intellectual Property Policy in 1995, and remains in effect today. | ||
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === 1995 Policy === |
| + | |||
| + | ''Net revenue, which is gross receipts received by the [University of Georgia Research Foundation, Inc. or] UGARF from license activity minus the out-of-pocket costs incurred by the UGARF in protecting and licensing the Intellectual Property, generated from Intellectual Property administered by the UGARF shall be distributed as follows: | ||
| + | |||
| + | ''The first $10,000 of accumulated net revenue: 100% - Originator'' | ||
| + | ''Over $10,000: 25% - Originator'' | ||
| + | |||
| + | === 1982 Policy === | ||
| + | |||
| + | The 1982 Patent Policy did not mention intellectual property royalty shares, but these distributions were covered in a pamphlet called "Guide to Patents for Faculty and Staff." | ||
| − | '' | + | ''All income generated from the licensing of patents or proprietary information is divided among the inventor (referred to as the “originator” in the University of Georgia’s Intellectual Property Policy), the sponsoring academic department, and the University of Georgia Research Foundation. After licensing, legal, administrative, and other expenses are subtracted from the gross income, the net income is distributed on a quarterly basis as follows: the first $10,000 to the originator; then 25% to the originator; 10% to the originator’s research program; 10% to the department/unit; 15% to the University of Georgia Research Foundation operations, and 40% to the University of Georgia Research Foundation Research Fund.'' |
== Relevant Links == | == Relevant Links == | ||
| − | * | + | * [https://web.archive.org/web/20170807172558/https://research.uga.edu/gateway/researchers/technology-transfer/ University of Georgia Technology Transfer] |
| − | * | + | * [https://web.archive.org/web/20170807171424/https://research.uga.edu/gateway/researchers/technology-transfer/protecting-intellectual-property/ University of Georgia Intellectual Property Policy (current)] |
| − | * | + | * [http://universitypatentdata.com/images/3/3d/UGA_1995.pdf University of Georgia Intellectual Property Policy (1995)] |
| + | * [https://web.archive.org/web/20150905191934/http://research.uga.edu/docs/units/tco/Guide-to-Patents.pdf University of Georgia Guide to Patents for Faculty and Staff (1982)] | ||
Revision as of 15:52, 23 February 2019
We were able to locate detailed royalty sharing information for the University of Georgia dating as far back as 1982.
An email from a representative of the university stated that the university had a patent policy in 1982, which was silent as to distributions. Instead, these distributions were covered in a pamphlet titled "Guide to Patents for Faculty and Staff." The 1982 patent policy was replaced by the University of Georgia Intellectual Property Policy in 1995, and remains in effect today.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Georgia | 1982 | 1994 | Yes | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
| University of Georgia | 1995 | 2017 | No | 1.00 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | Yes | No |
Policy Excerpts
1995 Policy
Net revenue, which is gross receipts received by the [University of Georgia Research Foundation, Inc. or] UGARF from license activity minus the out-of-pocket costs incurred by the UGARF in protecting and licensing the Intellectual Property, generated from Intellectual Property administered by the UGARF shall be distributed as follows:
The first $10,000 of accumulated net revenue: 100% - Originator Over $10,000: 25% - Originator
1982 Policy
The 1982 Patent Policy did not mention intellectual property royalty shares, but these distributions were covered in a pamphlet called "Guide to Patents for Faculty and Staff."
All income generated from the licensing of patents or proprietary information is divided among the inventor (referred to as the “originator” in the University of Georgia’s Intellectual Property Policy), the sponsoring academic department, and the University of Georgia Research Foundation. After licensing, legal, administrative, and other expenses are subtracted from the gross income, the net income is distributed on a quarterly basis as follows: the first $10,000 to the originator; then 25% to the originator; 10% to the originator’s research program; 10% to the department/unit; 15% to the University of Georgia Research Foundation operations, and 40% to the University of Georgia Research Foundation Research Fund.
