Difference between revisions of "Dartmouth College"
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''If the Technology Transfer Office determines that Dartmouth College wishes to sponsor | ''If the Technology Transfer Office determines that Dartmouth College wishes to sponsor | ||
− | development of the technology, it will open an account to which expenses associated with its | + | ''development of the technology, it will open an account to which expenses associated with its |
− | subsequent efforts are charged. Such expenses will include all associated invoiced costs such as | + | ''subsequent efforts are charged. Such expenses will include all associated invoiced costs such as |
− | legal and patent filing fees, plus an allowance for the institutional effort involved in patent | + | ''legal and patent filing fees, plus an allowance for the institutional effort involved in patent |
− | preparation, license negotiation, and such. This allowance will be 15% of gross revenues received | + | ''preparation, license negotiation, and such. This allowance will be 15% of gross revenues received |
− | on any license agreement. | + | ''on any license agreement. |
− | Revenues received will first be used to recover expenses accumulated in the account associated | + | ''Revenues received will first be used to recover expenses accumulated in the account associated |
− | with that particular technology. Expenses include the Technology Transfer Office administrative | + | ''with that particular technology. Expenses include the Technology Transfer Office administrative |
− | fee (normally 15% of revenue); expenses to prosecute and maintain a patent; and legal expenses for | + | ''fee (normally 15% of revenue); expenses to prosecute and maintain a patent; and legal expenses for |
− | review/advice of Intellectual Property and agreements. Following recovery of expenses net | + | ''review/advice of Intellectual Property and agreements. Following recovery of expenses net |
− | revenues will be split 50% to the College and 50% to the originator(s). The 50% retained by the | + | ''revenues will be split 50% to the College and 50% to the originator(s). The 50% retained by the |
− | College will be divided as follows: | + | ''College will be divided as follows: |
− | 20% to the Provost's Office | + | ''20% to the Provost's Office |
− | 40% to the originator’s Dean’s Office | + | ''40% to the originator’s Dean’s Office |
− | 25% to the originator’s department | + | ''25% to the originator’s department |
− | 15% to the originator’s laboratory'' | + | ''15% to the originator’s laboratory'' |
=== 1991 Policy === | === 1991 Policy === |
Revision as of 23:26, 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dartmouth College | 1991 | 2009 | Yes | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
Dartmouth College | 2010 | 2017 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.15 | Yes | No |
Policy Excerpts
2010 Policy
If the Technology Transfer Office determines that Dartmouth College wishes to sponsor development of the technology, it will open an account to which expenses associated with its subsequent efforts are charged. Such expenses will include all associated invoiced costs such as legal and patent filing fees, plus an allowance for the institutional effort involved in patent preparation, license negotiation, and such. This allowance will be 15% of gross revenues received on any license agreement.
Revenues received will first be used to recover expenses accumulated in the account associated with that particular technology. Expenses include the Technology Transfer Office administrative fee (normally 15% of revenue); expenses to prosecute and maintain a patent; and legal expenses for review/advice of Intellectual Property and agreements. Following recovery of expenses net revenues will be split 50% to the College and 50% to the originator(s). The 50% retained by the College will be divided as follows:
20% to the Provost's Office 40% to the originator’s Dean’s Office 25% to the originator’s department 15% to the originator’s laboratory
1991 Policy
Revenues received will first be used to cover expenses. Following recovery of expenses, the net revenues will be split 50% to the College and 50% to the originator(s). The 50% retained by the College will be divided as follows:
20% to a reserve for unrecovered expenses 40% to the originator's Dean's Office 25% to the originator's department 15% to the originator's laboratory