Difference between revisions of "Ball State University"
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| − | + | Ball State University has revised its intellectual property and royalties twice since 1991. The most recent patent policy change occurred in 2013. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === Current Policy === |
[http://universitypatentdata.com/images/5/55/BallState_2013.pdf Policy Concerning the Ownership, Distribution and Commercial Development of Ball State University Intellectual Property and Technology (Feb. 2013)] | [http://universitypatentdata.com/images/5/55/BallState_2013.pdf Policy Concerning the Ownership, Distribution and Commercial Development of Ball State University Intellectual Property and Technology (Feb. 2013)] | ||
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property shall be distributed once annually as follows: | property shall be distributed once annually as follows: | ||
| − | + | ''1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to arrive at the annual Adjusted Income. (See Exhibit A, attached hereto) | |
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| − | ''1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial | ||
| − | indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to | ||
| − | arrive at the annual Adjusted Income. (See Exhibit A, attached hereto) | ||
''2. Distribute one‐third of the Adjusted Income to the inventors/authors. | ''2. Distribute one‐third of the Adjusted Income to the inventors/authors. | ||
| − | ''3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the | + | ''3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the research and development of intellectual property by funding the operations and economic development mission of the Ball State Innovation Corporation, the Ball State Innovation Management Services LLC, and/or the Ball State Technology Transfer Office, or for funding of other Ball State priorities as determined by the President of Ball State or her designee. |
| − | research and development of intellectual property by funding the operations and economic | ||
| − | development mission of the Ball State Innovation Corporation, the Ball State Innovation Management | ||
| − | Services LLC, and/or the Ball State Technology Transfer Office, or for funding of other Ball State priorities | ||
| − | as determined by the President of Ball State or her designee. | ||
| − | ''4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the | + | ''4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research and development of intellectual property as designated in the preceding paragraph.'' |
| − | inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income | ||
| − | exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research | ||
| − | and development of intellectual property as designated in the preceding paragraph. | ||
| + | === 2008-2009 Policy Change === | ||
| + | [http://universitypatentdata.com/images/1/11/2008_BallState.pdf 2008 Policy FAQs] | ||
| − | + | The university cut faculty share of income from 50% to 30%. | |
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| − | + | If there is more than one inventor, then the inventors usually "agree upon the share of the 30% among themselves in a proceeds distribution agreement. If such an agreement is not reached, the University may divide royalties among all inventors." | |
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== Relevant Links == | == Relevant Links == | ||
| − | * [https://www.bsu.edu/about/administrativeoffices/commercialization/partneringoffices | + | * [https://www.bsu.edu/about/administrativeoffices/commercialization/partneringoffices Ball State University Partnering Office] |
| − | * [http://universitypatentdata.com/images/5/55/BallState_2013.pdf | + | * [http://universitypatentdata.com/images/5/55/BallState_2013.pdf Policy Concerning the Ownership, Distribution and Commercial Development of Ball State University Intellectual Property and Technology] |
| − | * | + | * [http://universitypatentdata.com/images/1/11/2008_BallState.pdf 2009 Ball State University Intellectual Property Policy] |
Latest revision as of 10:02, 5 July 2019
Ball State University has revised its intellectual property and royalties twice since 1991. The most recent patent policy change occurred in 2013.
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ball State University | 1991 | 2008 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| Ball State University | 2009 | 2012 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | No | No |
| Ball State University | 2013 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.1 | No | No |
Policy Excerpts
Current Policy
Income received during the preceding Ball State fiscal year related to Ball State owned intellectual property shall be distributed once annually as follows:
1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to arrive at the annual Adjusted Income. (See Exhibit A, attached hereto)
2. Distribute one‐third of the Adjusted Income to the inventors/authors.
3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the research and development of intellectual property by funding the operations and economic development mission of the Ball State Innovation Corporation, the Ball State Innovation Management Services LLC, and/or the Ball State Technology Transfer Office, or for funding of other Ball State priorities as determined by the President of Ball State or her designee.
4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research and development of intellectual property as designated in the preceding paragraph.
2008-2009 Policy Change
The university cut faculty share of income from 50% to 30%.
If there is more than one inventor, then the inventors usually "agree upon the share of the 30% among themselves in a proceeds distribution agreement. If such an agreement is not reached, the University may divide royalties among all inventors."
