Difference between revisions of "University of Alabama in Huntsville (UAH)"
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− | + | The UAH policy on Income from Patents, Inventions, and Discoveries was adopted in 1991. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
− | === | + | === 1991 Policy === |
− | '' | + | [https://web.archive.org/web/20190121172546/https://www.uah.edu/images/research/otc/2014_Income_from_Patents.pdf UAH Patent Policy] |
+ | |||
+ | ''Division of income shall be handled as follows: | ||
+ | |||
+ | '' - Gross royalties, fees, and other financial returns received by the University from such inventions shall first be reduced by 15% for administrative costs plus additional expenses of patenting, protecting patent rights, and marketing the inventions.'' | ||
+ | |||
+ | ''- Net income remaining shall then ordinarily be divided in accordance with the percentages stated below.'' | ||
+ | |||
+ | The policy then describes 70% employee share for accumulated net income up to $50,000 and 40% employee share for accumulated net income over $50,000. | ||
== Relevant Links == | == Relevant Links == | ||
− | * | + | * [https://web.archive.org/web/20190130032100/https://www.uah.edu/otc UAH Office of Technology Commercialization] |
− | * | + | * [https://web.archive.org/web/20190121172546/https://www.uah.edu/images/research/otc/2014_Income_from_Patents.pdf UAH Patent Policy] |
− |
Latest revision as of 11:20, 24 February 2019
The UAH policy on Income from Patents, Inventions, and Discoveries was adopted in 1991.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of Alabama in Huntsville (UAH) | 1991 | 2017 | No | 0.70 | 0.70 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.15 | No | No |
Policy Excerpts
1991 Policy
Division of income shall be handled as follows:
- Gross royalties, fees, and other financial returns received by the University from such inventions shall first be reduced by 15% for administrative costs plus additional expenses of patenting, protecting patent rights, and marketing the inventions.
- Net income remaining shall then ordinarily be divided in accordance with the percentages stated below.
The policy then describes 70% employee share for accumulated net income up to $50,000 and 40% employee share for accumulated net income over $50,000.