Difference between revisions of "University of Maryland College Park"

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(Created page with "Little blurb about what we know. == Summary == {| class="wikitable sortable" ! Institution ! {{H:title|Start year for this IP policy|Start}} ! {{H:title|End year for this IP...")
 
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Little blurb about what we know.
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We were able to locate detailed royalty sharing information for the University of Maryland dating as far back as 1991. Since then, the royalty sharing arrangement has been modified twice, once on July 1, 2002, and the second on January 10, 2018.
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All schools in the University System of Maryland are under the same royalty sharing policies.  
  
 
== Summary ==
 
== Summary ==
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== Policy Excerpts ==
 
== Policy Excerpts ==
  
=== Excerpt #1 ===
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=== 2018 Policy ===
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[http://universitypatentdata.com/images/b/b4/Maryland_2018.pdf University of Maryland Intellectual Property Policy (2018)]
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''The University will distribute Net Revenue as follows:
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''1. Fifty percent (50%) to the Creators; and
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''2. Twenty-five percent (25%) to the Creators’ department or unit; and
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''3. Twenty-five percent (25%) to the OTC or as otherwise designated by the Vice
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President for Research.''
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=== 2003 Policy ===
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[http://universitypatentdata.com/images/f/f0/Maryland_2003.pdf University of Maryland Policy on Patents (2003)]
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''The first payment from Revenue shall be made to the creator/inventor.  Ten percent (10%) of the Revenue received each fiscal year shall be distributed to the creator/inventor until the cumulative total reaches the limit set pursuant to this Section that was in effect during the fiscal year in which the University first received Revenue from the copyright.  The limit in fiscal year 2003 is $10,000.''
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''[T]hirty percent (30%) of the Revenue received each fiscal year shall be distributed to the University to cover the general cost of developing, obtaining, managing, and defending the Intellectual Property.''
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''Up to sixty percent (60%) of the Revenue received during a fiscal year shall be applied to reimburse the University any specific, incremental expenses it has incurred to obtain, maintain, defend, develop, market, and/or license the Intellectual Property.''
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''Fifty percent (50%) of the Net Revenue received each fiscal year by the University shall be distributed to the creator/inventor.''
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=== 1991 Policy ===
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[http://universitypatentdata.com/images/8/85/Maryland_1991.pdf University of Maryland Policy on Patents (1991)]
  
''excerpt''
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''The revenues (net, if applicable per the preceding paragraph), which are received from a patent or invention, will be applied first to reimburse the University System Administration or constituent institution for any specific, incremental expenses incurred by it in obtaining and maintaining the patent and in marketing, licensing and defending the patent or licensable invention. After provision for such expenses, such revenues shall be shared as follows: (1) the first $5,000 will be paid to the inventor or inventors: (2) thereafter the inventor(s) will receive fifty percent of such revenues.''
  
 
== Relevant Links ==
 
== Relevant Links ==
*Link to Archive.org version of the TTO page
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* [https://web.archive.org/web/20190109120250/http://otc.umd.edu/ University of Maryland Office of Technology Commercialization]
*Link to policy related to Policy Excerpt #1
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* [http://universitypatentdata.com/images/b/b4/Maryland_2018.pdf University of Maryland Intellectual Property Policy (2018)]
*Link to policy related to Policy Excerpt #2
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* [http://universitypatentdata.com/images/f/f0/Maryland_2003.pdf University of Maryland Policy on Patents (2003)]
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* [http://universitypatentdata.com/images/8/85/Maryland_1991.pdf University of Maryland Policy on Patents (1991)]

Revision as of 11:43, 26 February 2019

We were able to locate detailed royalty sharing information for the University of Maryland dating as far back as 1991. Since then, the royalty sharing arrangement has been modified twice, once on July 1, 2002, and the second on January 10, 2018.

All schools in the University System of Maryland are under the same royalty sharing policies.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
University of Maryland College Park 1991 2002 No 0.75 0.50 0.50 0.50 0.50 0.50 0.50 0 No No
University of Maryland College Park 2003 2017 No 0.60 0.50 0.50 0.50 0.50 0.50 0.50 0.3 No Yes

Policy Excerpts

2018 Policy

University of Maryland Intellectual Property Policy (2018)

The University will distribute Net Revenue as follows:

1. Fifty percent (50%) to the Creators; and

2. Twenty-five percent (25%) to the Creators’ department or unit; and

3. Twenty-five percent (25%) to the OTC or as otherwise designated by the Vice President for Research.

2003 Policy

University of Maryland Policy on Patents (2003)

The first payment from Revenue shall be made to the creator/inventor. Ten percent (10%) of the Revenue received each fiscal year shall be distributed to the creator/inventor until the cumulative total reaches the limit set pursuant to this Section that was in effect during the fiscal year in which the University first received Revenue from the copyright. The limit in fiscal year 2003 is $10,000.

[T]hirty percent (30%) of the Revenue received each fiscal year shall be distributed to the University to cover the general cost of developing, obtaining, managing, and defending the Intellectual Property.

Up to sixty percent (60%) of the Revenue received during a fiscal year shall be applied to reimburse the University any specific, incremental expenses it has incurred to obtain, maintain, defend, develop, market, and/or license the Intellectual Property.

Fifty percent (50%) of the Net Revenue received each fiscal year by the University shall be distributed to the creator/inventor.

1991 Policy

University of Maryland Policy on Patents (1991)

The revenues (net, if applicable per the preceding paragraph), which are received from a patent or invention, will be applied first to reimburse the University System Administration or constituent institution for any specific, incremental expenses incurred by it in obtaining and maintaining the patent and in marketing, licensing and defending the patent or licensable invention. After provision for such expenses, such revenues shall be shared as follows: (1) the first $5,000 will be paid to the inventor or inventors: (2) thereafter the inventor(s) will receive fifty percent of such revenues.

Relevant Links