Difference between revisions of "University of Minnesota"
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| − | We were able to locate detailed royalty sharing information for the University of | + | We were able to locate detailed royalty sharing information for the University of Minnesota dating as far back as 1967. |
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| + | The University has had two iterations of its policy on patent royalty distribution, with the first adopted in 1967, and the second adopted in 1986. Although the IP Policy at the University of Minnesota has been amended several times since 1986, the inventors' royalty share has remained the same. | ||
== Summary == | == Summary == | ||
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! {{H:title|Are there more complications, like calculating some shares out of gross rather than net royalties?|More}} | ! {{H:title|Are there more complications, like calculating some shares out of gross rather than net royalties?|More}} | ||
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| − | | [[University of Minnesota]] || | + | | [[University of Minnesota]] || 1986 || 2017 || Yes || 0.33 || 0.33 || 0.33 || 0.33 || 0.33 || 0.33 || 0.33 || 0 || Yes || No |
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== Policy Excerpts == | == Policy Excerpts == | ||
| + | |||
| + | === 1986 Policy === | ||
| + | [http://universitypatentdata.com/images/c/c3/Minnesota.pdf University of Minnesota Policies] | ||
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| + | [https://web.archive.org/web/20181224140621/https://regents.umn.edu/sites/regents.umn.edu/files/policies/Commercialization_IP.pdf University of Minnesota Board of Regents Policy (2015)] | ||
| + | |||
| + | Developers receive 33 1/3% of the net income: | ||
| + | |||
| + | ''The university shall share with inventors the net income from commercialization of technology as follows: thirty-three and one-third percent to the inventors.'' (From 2015 Policy) | ||
=== 1967 Policy === | === 1967 Policy === | ||
[http://universitypatentdata.com/images/c/c3/Minnesota.pdf University of Minnesota Policies] | [http://universitypatentdata.com/images/c/c3/Minnesota.pdf University of Minnesota Policies] | ||
| − | '' | + | ''Fifty percent of the net income derived from the external use of University-sponsored educational materials shall ordinarily go to the University, 50 percent to the author or producer.'' |
== Relevant Links == | == Relevant Links == | ||
| − | * | + | * [https://web.archive.org/web/20190208180237/http://license.umn.edu/ University of Minnesota Office for Technology Commercialization] |
* [https://web.archive.org/web/20181224140621/https://regents.umn.edu/sites/regents.umn.edu/files/policies/Commercialization_IP.pdf University of Minnesota Board of Regents Policy (2015)] | * [https://web.archive.org/web/20181224140621/https://regents.umn.edu/sites/regents.umn.edu/files/policies/Commercialization_IP.pdf University of Minnesota Board of Regents Policy (2015)] | ||
| − | * | + | * [http://universitypatentdata.com/images/c/c3/Minnesota.pdf University of Minnesota Policies] |
Latest revision as of 12:50, 28 February 2019
We were able to locate detailed royalty sharing information for the University of Minnesota dating as far back as 1967.
The University has had two iterations of its policy on patent royalty distribution, with the first adopted in 1967, and the second adopted in 1986. Although the IP Policy at the University of Minnesota has been amended several times since 1986, the inventors' royalty share has remained the same.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Minnesota | 1986 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0 | Yes | No |
Policy Excerpts
1986 Policy
University of Minnesota Policies
University of Minnesota Board of Regents Policy (2015)
Developers receive 33 1/3% of the net income:
The university shall share with inventors the net income from commercialization of technology as follows: thirty-three and one-third percent to the inventors. (From 2015 Policy)
1967 Policy
University of Minnesota Policies
Fifty percent of the net income derived from the external use of University-sponsored educational materials shall ordinarily go to the University, 50 percent to the author or producer.
