Difference between revisions of "Columbia University"
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[http://universitypatentdata.com/images/5/5e/1989_Columbia.pdf 1989 Policy] | [http://universitypatentdata.com/images/5/5e/1989_Columbia.pdf 1989 Policy] | ||
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| + | ''Proceeds of a conception, after deductions for expenses, calculated as 20% of the gross income from the conception, is defined as "net income." | ||
''Inventor’s Share. The inventor’s share is computed on the basis of the cumulative income from any one invention. When net income from the conception is $100,000 or less, the inventor’s share will be 50% of that income. When net income from the conception exceeds $100,000, the inventor’s share will be 50% of the first $100,000 and 25% of the excess. The inventor’s share will not be altered when affiliation with the University is terminated. | ''Inventor’s Share. The inventor’s share is computed on the basis of the cumulative income from any one invention. When net income from the conception is $100,000 or less, the inventor’s share will be 50% of that income. When net income from the conception exceeds $100,000, the inventor’s share will be 50% of the first $100,000 and 25% of the excess. The inventor’s share will not be altered when affiliation with the University is terminated. | ||
Revision as of 07:39, 21 July 2019
Columbia University has maintained its patent policy since its enactment in 1989. Creators receive 50% of royalties up to $100,000 and then their royalty share varies.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Columbia University | 1989 | 2017 | No | 0.50 | 0.50 | 0.50 | 0.25 | 0.25 | 0.25 | 0.25 | 0.2 | Yes | No |
Policy Excerpts
Current Policy
Proceeds of a conception, after deductions for expenses, calculated as 20% of the gross income from the conception, is defined as "net income."
Inventor’s Share. The inventor’s share is computed on the basis of the cumulative income from any one invention. When net income from the conception is $100,000 or less, the inventor’s share will be 50% of that income. When net income from the conception exceeds $100,000, the inventor’s share will be 50% of the first $100,000 and 25% of the excess. The inventor’s share will not be altered when affiliation with the University is terminated.
Inventor’s Research Activities. Twenty-five percent of net income from the conception will be allocated to the inventor’s research activities or to any other proper and specific purposes of the University designated by the inventor.
- If the amount allocated to the inventor's research exceeds $500,000, then the University will receive the excess.
