Difference between revisions of "Mississippi State University"

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(Policy Excerpts)
(2002 Patent Policy)
Line 29: Line 29:
  
 
''First, all income will be used to reimburse out-of-pocket expenses incurred by MSU or the RTC, as
 
''First, all income will be used to reimburse out-of-pocket expenses incurred by MSU or the RTC, as
appropriate, during the commercialization process. Such expenses shall be limited to documented
+
''appropriate, during the commercialization process. Such expenses shall be limited to documented
incremental costs for: (a) protecting (e.g. patent prosecution and/or copyright registration,
+
''incremental costs for: (a) protecting (e.g. patent prosecution and/or copyright registration,
patent/copyright maintenance); (b) defending; (c) marketing; and (d) licensing the IP. Such expenses
+
''patent/copyright maintenance); (b) defending; (c) marketing; and (d) licensing the IP. Such expenses
shall also include costs for (e) enhancing the marketability or any other aspect of the IP; and (f) dealing
+
''shall also include costs for (e) enhancing the marketability or any other aspect of the IP; and (f) dealing
with RTC equity interest associated with the IP. Specifically excluded are costs associated with
+
''with RTC equity interest associated with the IP. Specifically excluded are costs associated with
generating the IP (i.e. research costs).
+
''generating the IP (i.e. research costs).
  
After all expenses have been reimbursed, all subsequent income shall be distributed as follows:  
+
''After all expenses have been reimbursed, all subsequent income shall be distributed as follows:  
  
First $5,000: 100% to the Creator(s), $5,000-$100,000: 50% to the Creator(s), and above $100,000: 40% to the Creator(s)''
+
''First $5,000: 100% to the Creator(s), $5,000-$100,000: 50% to the Creator(s), and above $100,000: 40% to the Creator(s)''
  
 
=== 1994 Patent Policy ===
 
=== 1994 Patent Policy ===

Revision as of 15:13, 30 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
Mississippi State University 1994 2001 No 0.75 0.50 0.50 0.50 0.50 0.50 0.50 0 No No
Mississippi State University 2002 2017 No 0.75 0.50 0.50 0.40 0.40 0.40 0.40 0 No No

Policy Excerpts

2002 Patent Policy

First, all income will be used to reimburse out-of-pocket expenses incurred by MSU or the RTC, as appropriate, during the commercialization process. Such expenses shall be limited to documented incremental costs for: (a) protecting (e.g. patent prosecution and/or copyright registration, patent/copyright maintenance); (b) defending; (c) marketing; and (d) licensing the IP. Such expenses shall also include costs for (e) enhancing the marketability or any other aspect of the IP; and (f) dealing with RTC equity interest associated with the IP. Specifically excluded are costs associated with generating the IP (i.e. research costs).

After all expenses have been reimbursed, all subsequent income shall be distributed as follows:

First $5,000: 100% to the Creator(s), $5,000-$100,000: 50% to the Creator(s), and above $100,000: 40% to the Creator(s)

1994 Patent Policy

The first royalty income will be applied to the reimbursement of the patent expenses. The next $5,000 will be allocated to the inventors. When predetermined amounts of university expenses are to be recovered, the inventor(s) will receive up to $5,000 annually until all such expenses are recovered. When all University expenses have been recovered or no expenses have been incurred by the University, the inventor(s) will receive 50% of the revenue.

Relevant Links