Difference between revisions of "California Institute of Technology"
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== Policy Excerpts == | == Policy Excerpts == | ||
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''Where income is derived from such licensing, the inventor or inventors, collectively, will | ''Where income is derived from such licensing, the inventor or inventors, collectively, will | ||
Revision as of 15:24, 30 March 2019
The California Institute of Technology has had one revision to its patent policy since 1991. An increase of 10% was seen in the share given to the inventor from 1994 to 1995.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| California Institute of Technology | 1993 | 1994 | Yes | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0 | No | No |
| California Institute of Technology | 1995 | 2017 | Yes | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
Policy Excerpts
Current Policy
Where income is derived from such licensing, the inventor or inventors, collectively, will receive 25% of the income received by the Institute after the deduction of 1) unreimbursed external expenses associated with obtaining, maintaining, licensing and/or enforcing the patent or rights associated with the invention; and 2) the share of the income owed by Caltech to a third party pursuant to an income-sharing agreement between Caltech and the third party. In the event of multiple inventions in a license agreement, each inventor shall receive a proportion of that income according to Caltech internal procedures.
1993 and 1995 Policy
Prior to 1994, Caltech shared 15% of patent licensing revenues with inventors, with the remaining 85% going to university’s general budget; in July 1994, that was changed so that 25% went to inventors, 75% to the university.
