Difference between revisions of "University of Virginia"

From University Patent Data Wiki
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...")
 
(changed policy start year from 2001 to 1997 (per Lori's email))
 
(One intermediate revision by one other user not shown)
Line 1: Line 1:
−
Little blurb about what we know.
+
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 19: Line 19:
 
! {{H:title|Are there more complications, like calculating some shares out of gross rather than net royalties?|More}}
 
! {{H:title|Are there more complications, like calculating some shares out of gross rather than net royalties?|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]] || 1993 || 1996 || 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]] || 1997 || 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
 
| [[University of Virginia]] || 2012 || 2015 || Yes || 0.35 || 0.35 || 0.35 || 0.35 || 0.35 || 0.35 || 0.35 || 0 || Yes || No
Line 28: Line 28:
 
== Policy Excerpts ==
 
== Policy Excerpts ==
  
−
=== Excerpt #1 ===
+
=== 2012 Policy ===
 +
[https://web.archive.org/web/20190326222949/https://lvg.virginia.edu/assets/site/InnovationRevenueDistributionFormula08.08.2016-2.pdf UVA Distribution of Innovation Revenues]
  
−
''excerpt''
+
''Innovation Revenue Distribution Formula
 +
*''35% Innovators
 +
*''10% Innovators' Research Support
 +
*''10% Innovators' Departments
 +
*''35% UVA Innovation & Scholarly Activities Fund
 +
 
 +
=== 1997 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 ==
−
*Link to Archive.org version of the TTO page
+
*[https://web.archive.org/web/20181122150843/http://lvg.virginia.edu/ UVA Licensing & Ventures Group]
−
*Link to policy related to Policy Excerpt #1
+
*[https://web.archive.org/web/20190326222949/https://lvg.virginia.edu/assets/site/InnovationRevenueDistributionFormula08.08.2016-2.pdf UVA Distribution of Innovation Revenues]
−
*Link to policy related to Policy Excerpt #2
+
*[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)]

Latest revision as of 07:47, 3 April 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.

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 1996 Yes 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0 Yes Yes
University of Virginia 1997 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

1997 Policy

UVA Patent Policy (2000)

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

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

Retrieved from "http://universitypatentdata.com/index.php?title=University_of_Virginia&oldid=893"