Difference between revisions of "Columbia University"
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exceeds $100,000, the inventor’s share will be 50% of the first | 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 | $100,000 and 25% of the excess. The inventor’s share will not be | ||
| − | altered when affiliation with the University is terminated. | + | 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 | from the conception will be allocated to the inventor’s research | ||
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 | |
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 | |
be deposited in an account, the inventor’s account, and will | be deposited in an account, the inventor’s account, and will | ||
| − | be reserved for the inventor’s research in subsequent years. | + | 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. | + | 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 | inventor terminates employment with the University will be | ||
transferred to the University in the fiscal year following | transferred to the University in the fiscal year following | ||
| − | termination of employment. | + | termination of employment. |
== Relevant Links == | == Relevant Links == | ||
*[https://web.archive.org/web/20181222030255/https://techventures.columbia.edu/about-ctv/technology-transfer-columbia Columbia University Tech Transfer Office] | *[https://web.archive.org/web/20181222030255/https://techventures.columbia.edu/about-ctv/technology-transfer-columbia Columbia University Tech Transfer Office] | ||
*[http://universitypatentdata.com/images/5/5e/1989_Columbia.pdf 1989 Patent Policy] | *[http://universitypatentdata.com/images/5/5e/1989_Columbia.pdf 1989 Patent Policy] | ||
Revision as of 23:02, 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.
