Difference between revisions of "Clemson University"

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(2010 Patent Policy)
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Little blurb about what we know.
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Clemson University's Tech Transfer Office modified its patent policy in 2010. Creator(s) receive 100% of aggregate income up to $10,000, and then receive 40% of the aggregate income over the initial $10,000.
  
 
== Summary ==
 
== Summary ==

Revision as of 22:46, 5 March 2019

Clemson University's Tech Transfer Office modified its patent policy in 2010. Creator(s) receive 100% of aggregate income up to $10,000, and then receive 40% of the aggregate income over the initial $10,000.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Clemson University 1991 2009 No 0.40 0.40 0.20 0.20 0.20 0.20 0.20 0 Yes No
Clemson University 2010 2017 No 1.00 0.40 0.40 0.40 0.40 0.40 0.40 0.15 Yes No

Policy Excerpts

2010 Patent Policy

All income will first be used to reimburse out-of-pocket expenses incurred during the intellectual property protection processor the commercialization process. There shall be a distribution of 15% of net proceeds to the appropriate commercialization agent prior to distribution of funds to Clemson. The amount distributed to such commercialization agent may be modified as appropriate from time to time by the IPC with the approval of the VPR

Clemson shall distribute the remaining aggregate income as follows: For the initial $10,000, Creator(s) will receive 100%, and for amounts > $10,000, Creator(s) will receive 40%.

1991 Patent Policy

The percentage allocations of the various shares of PATENT INCOME shall be calculated as follows:

For the first $50,000 of PATENT INCOME: INVENTOR(S)' SHARE equals 40%; INVENTOR(S)' HOME COLLEGE(S)' SHARE equals 20%; UNIVERSITY SHARE equals 40%. For PATENT INCOME in excess of $50,000, the allocation is as follows: INVENTOR(S)' SHARE equals 20%; DISCRETIONARY FUNDS equals 20%; INVENTOR(S)' HOME COLLEGE(S)' SHARE equals 20%; UNIVERSITY SHARE equals 40%

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