Difference between revisions of "Wake Forest University"
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| − | + | We were able to locate detailed royalty sharing information for Wake Forest University dating as far back as 1999. This policy went into effect on February 5, 1999 and is currently still in effect. | |
== Summary == | == Summary == | ||
| Line 24: | Line 24: | ||
== Policy Excerpts == | == Policy Excerpts == | ||
| − | === Excerpt | + | === 1999 Policy Excerpt === |
| − | '' | + | [https://web.archive.org/web/20050804075623/http://www1.wfubmc.edu/OTAM/Faculty+Resources/Patent+Policy.htm 1999 Inventions and Patent Policy] |
| + | |||
| + | ''When an invention is patented (or patent protection is sought) and/or marketed by the University (whether owned by it, assigned, or subject to the provisions of an agreement for sponsored research), the gross proceeds arising from the invention will be distributed as follows:'' | ||
| + | |||
| + | {| | ||
| + | |- | ||
| + | ! !! !! | ||
| + | |- | ||
| + | | ''Before Recovery of Specific Expenses:'' || ''35%'' || ''Inventor'' | ||
| + | |- | ||
| + | | || ''65%'' || ''Wake Forest University until Specific Expenses associated with the invention are fully recovered'' | ||
| + | |- | ||
| + | | ''After Recovery of Specific Expenses:'' || ''35%'' || ''Inventor'' | ||
| + | |- | ||
| + | | || ''10%'' || ''Inventor’s Department until $1,000,000 is received by the Department'' | ||
| + | |- | ||
| + | | || ''55%'' || ''Wake Forest University Research'' | ||
| + | |- | ||
| + | | ''After $1,000,000 Received by Dept.:'' || ''35%'' || ''Inventor'' | ||
| + | |- | ||
| + | | || ''65%'' || ''Wake Forest University Research'' | ||
| + | |} | ||
| + | |||
| + | ''Gross proceeds include equity, the acquisition and disposition of which will be governed by a University policy approved by the President. Any consideration received for the performance of research is not to be defined as part of gross proceeds.'' | ||
| + | '' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://prod.wp.cdn.aws.wfu.edu/sites/193/2014/02/WFU-Patent-Policy.pdf Current Inventions and Patent Policy] |
| − | * | + | *[https://web.archive.org/web/20050804075623/http://www1.wfubmc.edu/OTAM/Faculty+Resources/Patent+Policy.htm 1999 Inventions and Patent Policy] |
| − | |||
Latest revision as of 11:51, 22 February 2019
We were able to locate detailed royalty sharing information for Wake Forest University dating as far back as 1999. This policy went into effect on February 5, 1999 and is currently still in effect.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Wake Forest University | 1999 | 2017 | Yes | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0 | No | Yes |
Policy Excerpts
1999 Policy Excerpt
1999 Inventions and Patent Policy
When an invention is patented (or patent protection is sought) and/or marketed by the University (whether owned by it, assigned, or subject to the provisions of an agreement for sponsored research), the gross proceeds arising from the invention will be distributed as follows:
| Before Recovery of Specific Expenses: | 35% | Inventor |
| 65% | Wake Forest University until Specific Expenses associated with the invention are fully recovered | |
| After Recovery of Specific Expenses: | 35% | Inventor |
| 10% | Inventor’s Department until $1,000,000 is received by the Department | |
| 55% | Wake Forest University Research | |
| After $1,000,000 Received by Dept.: | 35% | Inventor |
| 65% | Wake Forest University Research |
Gross proceeds include equity, the acquisition and disposition of which will be governed by a University policy approved by the President. Any consideration received for the performance of research is not to be defined as part of gross proceeds.
