Difference between revisions of "Brigham Young University"
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| − | + | Brigham Young University has maintained the same patent policy since 1991. It awards 45% of royalties to the developers to be divided evenly among them. | |
== Summary == | == Summary == | ||
| Line 24: | Line 24: | ||
== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === Current Policy === |
| + | [http://universitypatentdata.com/images/5/53/Brigham_2001.pdf 1991 Policy] | ||
| − | '' | + | '' All revenues derived from university-owned intellectual property or creative works will be received and administered by the |
| + | ''Technology Transfer and Creative Works Offices. Costs incurred in the process of perfecting, transferring, and protecting | ||
| + | ''university rights to the property or works will be paid by the university and, together with interest costs, will first be deducted | ||
| + | ''from the gross income available for distribution. An accurate accounting of all such costs shall be made available to the | ||
| + | ''developer(s) upon request. The net income (gross income minus university expenses) from university-owned intellectual | ||
| + | ''properties will be distributed to academic developers and to developers in support areas as follows: | ||
| + | |||
| + | :''1. Developer(s)—45% | ||
| + | :''2. College(s) of the developer(s)—27.5% | ||
| + | :''3. Technology Transfer or Creative Works Office—27.5% | ||
| + | |||
| + | ''Academic faculty developers may designate all or a portion of their allocated income to fund their scholarly activities (including | ||
| + | ''equipment and supplies purchases; student, postdoctoral, and assistant wages or support; and research-related travel). If this | ||
| + | ''election is made, the college(s) will contribute to the developer’s research fund an amount equal to one-half of the designated | ||
| + | ''portion, not to exceed the full amount of the college distribution. In addition, the applicable Technology Transfer or Creative | ||
| + | ''Works office will contribute to the developer’s research fund an amount equal to the college contribution, not to exceed 17.5% | ||
| + | ''of the total distribution.'' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://web.archive.org/web/20190103034135/http://techtransfer.byu.edu/#/ Brigham Young University Tech Transfer Office] |
| − | + | *[http://universitypatentdata.com/images/5/53/Brigham_2001.pdf Brigham Young University Intellectual Property Policy] | |
| − | * | ||
Latest revision as of 10:45, 5 July 2019
Brigham Young University has maintained the same patent policy since 1991. It awards 45% of royalties to the developers to be divided evenly among them.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brigham Young University | 1991 | 2017 | Yes | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0.45 | 0 | No | No |
Policy Excerpts
Current Policy
All revenues derived from university-owned intellectual property or creative works will be received and administered by the Technology Transfer and Creative Works Offices. Costs incurred in the process of perfecting, transferring, and protecting university rights to the property or works will be paid by the university and, together with interest costs, will first be deducted from the gross income available for distribution. An accurate accounting of all such costs shall be made available to the developer(s) upon request. The net income (gross income minus university expenses) from university-owned intellectual properties will be distributed to academic developers and to developers in support areas as follows:
- 1. Developer(s)—45%
- 2. College(s) of the developer(s)—27.5%
- 3. Technology Transfer or Creative Works Office—27.5%
Academic faculty developers may designate all or a portion of their allocated income to fund their scholarly activities (including equipment and supplies purchases; student, postdoctoral, and assistant wages or support; and research-related travel). If this election is made, the college(s) will contribute to the developer’s research fund an amount equal to one-half of the designated portion, not to exceed the full amount of the college distribution. In addition, the applicable Technology Transfer or Creative Works office will contribute to the developer’s research fund an amount equal to the college contribution, not to exceed 17.5% of the total distribution.
