Difference between revisions of "University of Illinois at Chicago"
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| − | + | We were able to locate detailed royalty sharing information for the University of Illinois dating as far back as 1986. | |
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| + | An email from a representative of the University of Illinois stated that the prior to the school's adoption of its current policy on September 3, 1998, it had a previous policy signed on May 6, 1986. | ||
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === 1999 Policy === |
| + | [https://web.archive.org/web/20180512061037/http://otm.illinois.edu/sites/all/files/files/ippolicypaperformatted.pdf University of Illinois Policies and Practices on Intellectual Property] | ||
| + | |||
| + | ''Net revenue from the commercialization of University IP is distributed 40% to faculty and/or staff inventors, 20% to the inventor’s unit and 40% to the University. Net revenue is the proceeds remaining from royalties, option fees, license fees and/or receipts from the sale of the University’s equity interest in a company associated with IP commercialization after all expenses attributable to IP commercialization are deducted, including patent expenses. The University’s share of net revenues supports, first, technology transfer on the inventor’s campus and, second, academic and research programs as determined by the campus vice chancellor for research.'' | ||
| + | |||
| + | === 1986 Policy === | ||
| − | + | The policy had a two-tiered threshold applied on a tech by tech basis. Creators received 50% of the first $200,000, and 25% thereafter. | |
== Relevant Links == | == Relevant Links == | ||
| − | * | + | * [https://web.archive.org/web/20190221032058/https://otm.uic.edu/ University of Illinois at Chicago's Office of Technology Management] |
| − | * | + | * [https://web.archive.org/web/20180512061037/http://otm.illinois.edu/sites/all/files/files/ippolicypaperformatted.pdf University of Illinois Policies and Practices on Intellectual Property] |
| − | |||
Latest revision as of 11:49, 24 February 2019
We were able to locate detailed royalty sharing information for the University of Illinois dating as far back as 1986.
An email from a representative of the University of Illinois stated that the prior to the school's adoption of its current policy on September 3, 1998, it had a previous policy signed on May 6, 1986.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Illinois at Chicago | 1986 | 1998 | No | 0.50 | 0.50 | 0.50 | 0.38 | 0.25 | 0.25 | 0.25 | 0 | No | No |
| University of Illinois at Chicago | 1999 | 2017 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | No | No |
Policy Excerpts
1999 Policy
University of Illinois Policies and Practices on Intellectual Property
Net revenue from the commercialization of University IP is distributed 40% to faculty and/or staff inventors, 20% to the inventor’s unit and 40% to the University. Net revenue is the proceeds remaining from royalties, option fees, license fees and/or receipts from the sale of the University’s equity interest in a company associated with IP commercialization after all expenses attributable to IP commercialization are deducted, including patent expenses. The University’s share of net revenues supports, first, technology transfer on the inventor’s campus and, second, academic and research programs as determined by the campus vice chancellor for research.
1986 Policy
The policy had a two-tiered threshold applied on a tech by tech basis. Creators received 50% of the first $200,000, and 25% thereafter.
