Difference between revisions of "Rutgers the State University of NJ"
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| − | + | We were able to locate detailed patent royalty sharing information for Rutgers dating as far back as 1996. The royalty rates have remained unchanged since then. | |
== Summary == | == Summary == | ||
| Line 24: | Line 24: | ||
== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === 1996 Policy === |
| + | [https://web.archive.org/web/20160831210549/http://policies.rutgers.edu/sites/policies/files/50.3.1%20-%20current.pdf Rutgers Patent Policy (2013)] | ||
| − | '' | + | An email from a representative of Rutgers stated that the update to the University's 2013 policy did not change the royalty rates set in the 1996 policy. |
| + | |||
| + | ''Distribute the first $5,000 of Gross Income to the inventor. Then, deduct expenses directly assignable to the specific patent and are not paid by a licensee to arrive at Net Income.'' | ||
| + | |||
| + | '' Distribute Net Income as indicated below: | ||
| + | |||
| + | {| class="wikitable" | ||
| + | |- | ||
| + | ! !! ''First $100,000'' !! ''Above $100,000'' | ||
| + | |- | ||
| + | | ''Inventor'' || ''25%'' || ''28%'' | ||
| + | |- | ||
| + | | ''University/OCLTT'' || ''25%'' || ''32%'' | ||
| + | |- | ||
| + | | ''Research Unit'' || ''40%'' || ''30%'' | ||
| + | |- | ||
| + | | ''Department'' || ''10%'' || ''5%'' | ||
| + | |- | ||
| + | | ''Dean/Director'' || ''-'' || ''5%'' | ||
| + | |} | ||
| + | '' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://orc.rutgers.edu/office-research-commercialization Rutgers office of Research Commercialization] |
| − | * | + | *[https://web.archive.org/web/20160831210549/http://policies.rutgers.edu/sites/policies/files/50.3.1%20-%20current.pdf Rutgers Patent Policy (2013)] |
| − | |||
Latest revision as of 17:43, 30 March 2019
We were able to locate detailed patent royalty sharing information for Rutgers dating as far back as 1996. The royalty rates have remained unchanged since then.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rutgers the State University of NJ | 1996 | 2017 | No | 0.63 | 0.25 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0 | No | No |
Policy Excerpts
1996 Policy
An email from a representative of Rutgers stated that the update to the University's 2013 policy did not change the royalty rates set in the 1996 policy.
Distribute the first $5,000 of Gross Income to the inventor. Then, deduct expenses directly assignable to the specific patent and are not paid by a licensee to arrive at Net Income.
Distribute Net Income as indicated below:
| First $100,000 | Above $100,000 | |
|---|---|---|
| Inventor | 25% | 28% |
| University/OCLTT | 25% | 32% |
| Research Unit | 40% | 30% |
| Department | 10% | 5% |
| Dean/Director | - | 5% |
