Difference between revisions of "Columbia University"

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(Excerpt #1)
(1989 Patent Policy Excerpt)
Line 38: Line 38:
 
activities or to any other proper and specific purposes of the
 
activities or to any other proper and specific purposes of the
 
University designated by the inventor. The income thus received is
 
University designated by the inventor. The income thus received is
subject to these restrictions:
+
subject to these restrictions:''
:1. Ordinarily, yearly expenditures from this source for the
+
'':1. Ordinarily, yearly expenditures from this source for the
inventor’s research activities will not exceed $150,000. If the
+
'':inventor’s research activities will not exceed $150,000. If the
inventor desires to use more than $150,000 in one year,
+
'':inventor desires to use more than $150,000 in one year,
approval by the inventor’s department chairperson and by
+
'':approval by the inventor’s department chairperson and by
the department’s principal policymaking committee will be
+
'':the department’s principal policymaking committee will be
required.
+
'':required.
 
:2. Any portion of the share not expended by the inventor will
 
:2. Any portion of the share not expended by the inventor will
 
be deposited in an account, the inventor’s account, and will
 
be deposited in an account, the inventor’s account, and will

Revision as of 23:00, 5 March 2019

Little blurb about what we know.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Columbia University 1989 2017 No 0.50 0.50 0.50 0.25 0.25 0.25 0.25 0.2 Yes No

Policy Excerpts

1989 Patent Policy Excerpt

Inventor’s Share. The inventor’s share is computed on the basis of the cumulative income from any one invention. When net income from the conception is $100,000 or less, the inventor’s share will be 50% of that income. When net income from the conception exceeds $100,000, the inventor’s share will be 50% of the first $100,000 and 25% of the excess. The inventor’s share will not be altered when affiliation with the University is terminated.

Inventor’s Research Activities. Twenty-five percent of net income from the conception will be allocated to the inventor’s research activities or to any other proper and specific purposes of the University designated by the inventor. The income thus received is subject to these restrictions: :1. Ordinarily, yearly expenditures from this source for the :inventor’s research activities will not exceed $150,000. If the :inventor desires to use more than $150,000 in one year, :approval by the inventor’s department chairperson and by :the department’s principal policymaking committee will be :required.

2. Any portion of the share not expended by the inventor will

be deposited in an account, the inventor’s account, and will be reserved for the inventor’s research in subsequent years.

3. Should the amount in this account exceed $500,000, the

excess will be transferred to the University.

4. Any residue remaining in the inventor’s account when the

inventor terminates employment with the University will be transferred to the University in the fiscal year following termination of employment.

Relevant Links