Difference between revisions of "University of Virginia"
Jump to navigation
Jump to search
(Created page with "Little blurb about what we know. == Summary == {| class="wikitable sortable" ! Institution ! {{H:title|Start year for this IP policy|Start}} ! {{H:title|End year for this IP...") |
|||
| Line 1: | Line 1: | ||
| − | + | We were able to locate detailed royalty sharing information for the University of Virginia dating as far back as 1993. In that time, the University has had three iterations of its policy. | |
== Summary == | == Summary == | ||
| Line 28: | Line 28: | ||
== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === 2012 Policy === |
| + | [https://web.archive.org/web/20190326222949/https://lvg.virginia.edu/assets/site/InnovationRevenueDistributionFormula08.08.2016-2.pdf UVA Distribution of Innovation Revenues] | ||
| − | '' | + | ''Innovation Revenue Distribution Formula |
| + | *''35% Innovators | ||
| + | *''10% Innovators' Research Support | ||
| + | *''10% Innovators' Departments | ||
| + | *''35% UVA Innovation & Scholarly Activities Fund | ||
| + | |||
| + | === 2001 Policy === | ||
| + | [https://web.archive.org/web/20110701055147/http://www.virginia.edu:80/finance/polproc/pol/xve2.html UVA Patent Policy (2000)] | ||
| + | |||
| + | ''The distribution formula (amended April 1, 1997) is as follows:'' | ||
| + | |||
| + | {| class="wikitable" | ||
| + | |- | ||
| + | ! ''Total Income'' !! ''Patent Foundation'' !! ''Inventor'' !! ''Inventor(s) Research'' !! ''School(s)'' !! ''Scholarly Activities Fund'' | ||
| + | |- | ||
| + | | ''$0-$99,999'' || ''42.5%'' || ''50%'' || ''7.5%'' || ''-'' || ''-'' | ||
| + | |- | ||
| + | | ''$100,000-$299,999'' || ''42.5%'' || ''30%'' || ''20%'' || ''7.5%'' || ''-'' | ||
| + | |- | ||
| + | | ''$300,000-$999,999'' || ''40%'' || ''25%'' || ''15%'' || ''10%'' || ''10%'' | ||
| + | |- | ||
| + | | ''>$1,000,000'' || ''40%'' || ''15%'' || ''15%'' || ''20%'' || ''10%'' | ||
| + | |} | ||
| + | '' | ||
| + | |||
| + | === 1993 Policy === | ||
| + | [https://web.archive.org/web/20100713091802/http://www.virginia.edu/finance/polproc/pol/archive/xve2x.html UVA Patent Policy (1992)] | ||
| + | |||
| + | ''In general, the inventor(s) will receive from any product of University research fifteen percent of the gross royalties, license fees, or other income which accrues. The inventor(s) may elect to have any part of this amount assigned to the University for support of research by the inventor(s). This provision will continue as long as income is received from the project, and it will be continued according to law in the event of the death of the inventor(s).'' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://web.archive.org/web/20181122150843/http://lvg.virginia.edu/ UVA Licensing & Ventures Group] |
| − | * | + | *[https://web.archive.org/web/20190326222949/https://lvg.virginia.edu/assets/site/InnovationRevenueDistributionFormula08.08.2016-2.pdf UVA Distribution of Innovation Revenues] |
| − | * | + | *[https://web.archive.org/web/20110701055147/http://www.virginia.edu:80/finance/polproc/pol/xve2.html UVA Patent Policy (2000)] |
| + | *[https://web.archive.org/web/20100713091802/http://www.virginia.edu/finance/polproc/pol/archive/xve2x.html UVA Patent Policy (1992)] | ||
Revision as of 15:32, 26 March 2019
We were able to locate detailed royalty sharing information for the University of Virginia dating as far back as 1993. In that time, the University has had three iterations of its policy.
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Virginia | 1993 | 2000 | Yes | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0 | Yes | Yes |
| University of Virginia | 2001 | 2011 | No | 0.50 | 0.50 | 0.50 | 0.30 | 0.25 | 0.25 | 0.15 | 0 | Yes | No |
| University of Virginia | 2012 | 2015 | Yes | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0 | Yes | No |
Policy Excerpts
2012 Policy
UVA Distribution of Innovation Revenues
Innovation Revenue Distribution Formula
- 35% Innovators
- 10% Innovators' Research Support
- 10% Innovators' Departments
- 35% UVA Innovation & Scholarly Activities Fund
2001 Policy
The distribution formula (amended April 1, 1997) is as follows:
| Total Income | Patent Foundation | Inventor | Inventor(s) Research | School(s) | Scholarly Activities Fund |
|---|---|---|---|---|---|
| $0-$99,999 | 42.5% | 50% | 7.5% | - | - |
| $100,000-$299,999 | 42.5% | 30% | 20% | 7.5% | - |
| $300,000-$999,999 | 40% | 25% | 15% | 10% | 10% |
| >$1,000,000 | 40% | 15% | 15% | 20% | 10% |
1993 Policy
In general, the inventor(s) will receive from any product of University research fifteen percent of the gross royalties, license fees, or other income which accrues. The inventor(s) may elect to have any part of this amount assigned to the University for support of research by the inventor(s). This provision will continue as long as income is received from the project, and it will be continued according to law in the event of the death of the inventor(s).
