Difference between revisions of "Cornell University"

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Cornell University has revised its patent policy 3 times since 1991.
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Cornell University has revised its patent policy twice since 1989.
  
 
== Summary ==
 
== Summary ==
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== Policy Excerpts ==
 
== Policy Excerpts ==
  
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=== 2005 Patent Policy Excerpt ===
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=== Current Policy ===
  
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[http://universitypatentdata.com/images/b/bc/2005_Cornell.pdf 2005 Policy]
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[https://web.archive.org/web/20051108205204/http://www.policy.cornell.edu/cm_images/uploads/pol/patent.html 2005 Policy]
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''In the case of a Cornell invention, the university, through CCTEC, will receive all license revenue and, in recognition of the efforts and contributions of the inventor, distribute total net license revenue as follows: One-third (33.3 percent) to the university inventor(s) in recognition of their contribution.  In the case of university co-inventors, this distribution will be shared''
 
  
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''One-third (33.3 percent) will be divided as follows:
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''[T]otal net royalty income shall be distributed as follows: One third (33.3%) to the inventor(s).
  
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''(a) 60 percent to the inventor's research budget, sub-unit (typically the inventor's department, school, section, or center) and university unit(typically the inventor's college) in a manner to be determined by the dean of the unit (or, for research centers in the Research Division, the Vice Provost for Research),
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''Cornell Research Foundation shall receive one third (33.3%) of the net royalty income to provide operating funds to cover the cost of service provided to the University with regard to intellectual property matters and particularly to cover the costs associated with patenting and marketing inventions where royalty income or other cost recovery has not been achieved.
  
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''(b) 40 percent to the university for general research support. One-third (33.3 percent) to the university to provide CCTEC with operating funds to cover the cost of service provided to the university with regard to intellectual property matters and particularly to cover direct costs, where license revenue or other cost recovery has not been achieved.''
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''Net royalty income shall mean gross royalties received by the University less directly assignable expenses resulting from patenting and licensing the particular invention.  
  
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=== 1995 Patent Policy Excerpt ===
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''The remaining one third (33.3%) of the net royalty income shall be divided as follows: (a) 60% to the inventor's research budget, subunit and University unit in a manner to be mutually agreed upon; and (b) 40% to the University for general research support.
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=== 1995 Policy ===
  
 
[http://universitypatentdata.com/images/7/7e/1995_Cornell.pdf 1995 Policy]
 
[http://universitypatentdata.com/images/7/7e/1995_Cornell.pdf 1995 Policy]
  
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''In the case of a patent owned by the University pursuant to paragraph D(1) above, and in recognition of the efforts and contributions of the inventor, total net royalty income shall be distributed as follows: 50% of the first $100,000 and 25% of net royalty income in excess of $100,000.''
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''[T]otal net royalty income shall be distributed as follows:
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:50% of the first $100,000 to the inventor
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:25% of net royalty income in excess of $100,000 to the inventor
  
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=== 1989 Patent Policy Excerpt ===
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=== 1989 Policy ===
  
 
[http://universitypatentdata.com/images/2/2a/1989_Cornell.pdf 1989 Policy]
 
[http://universitypatentdata.com/images/2/2a/1989_Cornell.pdf 1989 Policy]
  
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''In the case of a patent owned by the University pursuant to paragraph D(1) above, and in recognition of the efforts and contribution of the inventor, total net royalty income shall be distributed as follows: 50% of the first $10,000 to the inventor, 35% of the next $40,000 to the inventor, 25% of the next $50,000 to the inventor, and 15% of net royalty income in excess of $100,000 to the inventor.''
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''[T]otal net royalty income is distributed as follows:
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:50% of the first $10,000 to the inventor
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:35% of the next $40,000 to the inventor
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:25% of the next $50,000 to the inventor
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:15% of the net royalty income in excess of $100,000 to the inventor.
  
 
== Relevant Links ==
 
== Relevant Links ==
 
*[https://web.archive.org/web/20190226182308/https://ctl.cornell.edu/ Cornell Tech Transfer Office]
 
*[https://web.archive.org/web/20190226182308/https://ctl.cornell.edu/ Cornell Tech Transfer Office]
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*[http://universitypatentdata.com/images/2/2a/1989_Cornell.pdf "Patent Policy" 1989]
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*[http://universitypatentdata.com/images/2/2a/1989_Cornell.pdf Cornell University Patent Policy (1989)]
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*[http://universitypatentdata.com/images/7/7e/1995_Cornell.pdf "Patent Policy" 1995]
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*[http://universitypatentdata.com/images/7/7e/1995_Cornell.pdf Cornell University Patent Policy (1995)]
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*[http://universitypatentdata.com/images/b/bc/2005_Cornell.pdf "Cornell University Patent Policy" ]
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*[https://web.archive.org/web/20051108205204/http://www.policy.cornell.edu/cm_images/uploads/pol/patent.html Cornell University Patent Policy (2005)]

Latest revision as of 07:52, 21 July 2019

Cornell University has revised its patent policy twice since 1989.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Cornell University 1989 1995 No 0.50 0.35 0.25 0.15 0.15 0.15 0.15 0 No No
Cornell University 1996 2004 No 0.50 0.50 0.50 0.25 0.25 0.25 0.25 0 No No
Cornell University 2005 2017 Yes 0.33 0.33 0.33 0.33 0.33 0.33 0.33 0 No No

Policy Excerpts

Current Policy

2005 Policy

[T]otal net royalty income shall be distributed as follows: One third (33.3%) to the inventor(s).

Cornell Research Foundation shall receive one third (33.3%) of the net royalty income to provide operating funds to cover the cost of service provided to the University with regard to intellectual property matters and particularly to cover the costs associated with patenting and marketing inventions where royalty income or other cost recovery has not been achieved.

Net royalty income shall mean gross royalties received by the University less directly assignable expenses resulting from patenting and licensing the particular invention.

The remaining one third (33.3%) of the net royalty income shall be divided as follows: (a) 60% to the inventor's research budget, subunit and University unit in a manner to be mutually agreed upon; and (b) 40% to the University for general research support.

1995 Policy

1995 Policy

[T]otal net royalty income shall be distributed as follows:

50% of the first $100,000 to the inventor
25% of net royalty income in excess of $100,000 to the inventor

1989 Policy

1989 Policy

[T]otal net royalty income is distributed as follows:

50% of the first $10,000 to the inventor
35% of the next $40,000 to the inventor
25% of the next $50,000 to the inventor
15% of the net royalty income in excess of $100,000 to the inventor.

Relevant Links

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