Difference between revisions of "Emory University"
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=== 2002 Policy === | === 2002 Policy === | ||
| − | [ | + | [https://web.archive.org/web/20071111141815/http://www.policies.emory.edu/7.6/1 Emory University Intellectual Property Policy (2002)] |
| − | + | ''Cumulative Net Revenue shall mean the cumulative Gross Revenue generated by Emory Intellectual Property less: | |
| + | *''the first $5,000.00, which will be distributed to the Contributors; | ||
| + | *''ten percent (10%) of the remainder, which will be used to fund OTT and research programs; and | ||
| + | *''any Commercialization Costs; | ||
| + | ''to be deducted in that specific order. | ||
| − | ''Cumulative Net Revenue | + | ''Distribution of Cumulative Net Revenue'' |
| − | |||
| − | '' | ||
{| class="wikitable" | {| class="wikitable" | ||
| Line 79: | Line 81: | ||
| 100% || 33% || 25% | | 100% || 33% || 25% | ||
|- | |- | ||
| − | ! Department Share | + | ! Department Share* |
| 0% || 33% || 33% | | 0% || 33% || 33% | ||
|- | |- | ||
| Line 89: | Line 91: | ||
|} | |} | ||
| − | ''Emory Contributor may direct the use of up to 50% of the Department Share as an Account Share, but may not accumulate a total Account Share in excess of the greater of (a) $500,000, or (b) one year of lab expenses as defined by the Dean. | + | ''*Emory Contributor may direct the use of up to 50% of the Department Share as an Account Share, but may not accumulate a total Account Share in excess of the greater of (a) $500,000, or (b) one year of lab expenses as defined by the Dean. |
=== 1990 Policy === | === 1990 Policy === | ||
Revision as of 14:41, 21 July 2019
We were able to locate patent policy information for Emory dating back to 1990.
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emory University | 1990 | 2001 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | Yes | No |
| Emory University | 2002 | 2017 | No | 1.00 | 0.58 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0 | Yes | Yes |
Policy Excerpts
2011 Policy
Emory Policy 7.6 Intellectual Property Policy (effective March 15, 2011)
Cumulative Net Revenue shall mean the cumulative Gross Revenue generated by Emory Intellectual Property less any Commercialization Costs.
Commercialization Costs shall mean all expenses incurred for the following:
- Expenses incurred by Emory in protecting any Emory Intellectual Property;
- Expenses incurred from a third party in connection with developing, marketing, or licensing any Emory Intellectual Property; or
- Contractual obligations associated with any Emory Intellectual Property, such as distributing revenues to joint owners or joint inventors who are not Emory Personnel through an Inter-Institutional agreement.
The Cumulative Net Revenue received by Emory pursuant to a licensed Technology or Copyrighted Work will be distributed by OTT in accordance with Table 1 "Distribution of Cumulative Net Revenue."
| Cumulative Net Revenue up to $25,000 |
Cumulative Net Revenue up to $4 million |
Cumulative Net Revenue $4 million and over | |
|---|---|---|---|
| Contributor Share | 100% | 33% | 25% |
| Department Share | 0% | 33% | 33% |
| School/Center Share | 0% | 10% | 17% |
| General University Share | 0% | 24% | 25% |
A Contributor may direct up to fifty percent (50%) of the Department Share into a discretionary account, the "Account Share," but may not accumulate in this account more than the greater of $500,000 or one year of lab expenses as defined by the Dean, per license. Use of funds in this account will be subject to the policies established by the Contributor's Department, and must be used for research, education, or scholarly purposes.
2002 Policy
Emory University Intellectual Property Policy (2002)
Cumulative Net Revenue shall mean the cumulative Gross Revenue generated by Emory Intellectual Property less:
- the first $5,000.00, which will be distributed to the Contributors;
- ten percent (10%) of the remainder, which will be used to fund OTT and research programs; and
- any Commercialization Costs;
to be deducted in that specific order.
Distribution of Cumulative Net Revenue
| Gross Revenue up to $25,000 |
Net Revenue up to $4 million |
Net Revenue $4 million and over | |
|---|---|---|---|
| Contributor Share | 100% | 33% | 25% |
| Department Share* | 0% | 33% | 33% |
| School/Center Share | 0% | 10% | 17% |
| General University Share | 0% | 24% | 25% |
*Emory Contributor may direct the use of up to 50% of the Department Share as an Account Share, but may not accumulate a total Account Share in excess of the greater of (a) $500,000, or (b) one year of lab expenses as defined by the Dean.
1990 Policy
Emory University Patent Policy (1990)
Income derived from retained patents shall be distributed as follows:
- Expenses incurred by the University in preliminary investigations in filing and presenting the application for patent, licensing and in otherwise protecting the patent rights, shall constitute the first charge against any income derived from the patent rights.
- Forty percent (40%) of the Net Income, in the aggregate, shall be distributed to the inventor.
- Twenty percent (20%) of the Net Income, in the aggregate, shall be credited in an account for the inventor and be used to support the inventor's research.
- Ten percent (10%) of the Net Income shall be credited to the Department or Departments in which the inventor serves.
- Ten percent (10%) of the Net Income shall be credited to the School or Division in which the inventor serves.
- Twenty percent (20%) of the Net Income shall be credited to a restricted fund to be controlled by the President of the University and disbursed at his direction or the direction of his designee. It is contemplated that these resources will be employed to encourage and assist the development of new patents or for other appropriate and related purposes.
