Difference between revisions of "University of Texas at Austin"
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! {{H:title|Are there more complications, like calculating some shares out of gross rather than net royalties?|More}} | ! {{H:title|Are there more complications, like calculating some shares out of gross rather than net royalties?|More}} | ||
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| − | | [[University of Texas at Austin]] || | + | | [[University of Texas at Austin]] || 1982 || 2015 || Yes || 0.50 || 0.50 || 0.50 || 0.50 || 0.50 || 0.50 || 0.50 || 0 || No || No |
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=== 1982-2015 Policy === | === 1982-2015 Policy === | ||
| − | + | [http://universitypatentdata.com/images/f/f2/Texas_2014.pdf University of Texas IP Rights and Obligations (2014)] | |
''Reimbursement of Licensing Costs and Allocation of Income. In those instances where the U. T. System or any U. T. System institution licenses rights in intellectual property to third parties, and other than with regard to elections under Section 2.2 above, the costs of licensing, including, but not limited to, the costs to operate and support a technology transfer office and the costs of obtaining a patent or other protection for the property on behalf of the Board of Regents must first be recaptured from any royalties or other license payments received by the U. T. System or any U. T. System institution. The remainder of any such income (including but not limited to license fees, prepaid royalties, minimum royalties, running royalties, milestone payments, and sublicense payments) shall be divided as follows: | ''Reimbursement of Licensing Costs and Allocation of Income. In those instances where the U. T. System or any U. T. System institution licenses rights in intellectual property to third parties, and other than with regard to elections under Section 2.2 above, the costs of licensing, including, but not limited to, the costs to operate and support a technology transfer office and the costs of obtaining a patent or other protection for the property on behalf of the Board of Regents must first be recaptured from any royalties or other license payments received by the U. T. System or any U. T. System institution. The remainder of any such income (including but not limited to license fees, prepaid royalties, minimum royalties, running royalties, milestone payments, and sublicense payments) shall be divided as follows: | ||
Latest revision as of 17:48, 26 March 2019
We were able to locate detailed royalty sharing information for the University of Texas dating as far back as 1978.
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Texas at Austin | 1982 | 2015 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
Policy Excerpts
Current Policy
University of Texas IP Policy (2017)
Reimbursement of Licensing Costs and Allocation of Income. In those instances where the U. T. System or any U. T. System institution licenses rights in intellectual property to third parties, the costs of licensing, including, but not limited to, the costs to operate and support a technology transfer office and the costs of obtaining a patent or other protection for the property on behalf of the Board of Regents must first be recaptured from any royalties or other license payments received by the U. T.System or any U. T. System institution. The remainder of any such income (including, but not limited to, license fees, prepaid royalties, minimum royalties, running royalties, milestone payments, and sublicense payments) shall be divided as follows:
- 30-50% to creator(s), and
- 50-70% to U. T. System institutions.
The U. T. System or the U. T. System institution shall decide on a case-by-case basis the allocation of income within these ranges for all creators, with the remainder to be disbursed to and/or retained by the U. T. System or the applicable U. T. System institution. A creator may, however, disclaim his/her interest in such income, in which case the institution shall receive and/or retain the creator’s share and shall decide, in its sole discretion, if, how and when to disburse such income. Income received and/or retained by the U. T. System or any U. T. System institution from any intellectual property shall be used by the U. T. System institution where the intellectual property originated.
1982-2015 Policy
University of Texas IP Rights and Obligations (2014)
Reimbursement of Licensing Costs and Allocation of Income. In those instances where the U. T. System or any U. T. System institution licenses rights in intellectual property to third parties, and other than with regard to elections under Section 2.2 above, the costs of licensing, including, but not limited to, the costs to operate and support a technology transfer office and the costs of obtaining a patent or other protection for the property on behalf of the Board of Regents must first be recaptured from any royalties or other license payments received by the U. T. System or any U. T. System institution. The remainder of any such income (including but not limited to license fees, prepaid royalties, minimum royalties, running royalties, milestone payments, and sublicense payments) shall be divided as follows:
- 50% to creator(s)
- 50% to U. T. System,
provided, however, that a creator may disclaim his/her interest in such income, in which case the institution shall receive the creator's share and shall decide, in its sole discretion, if, how, and when to disburse such income.
1978 Policy
University of Texas Rules and Regulations (1978)
The division of royalties or other income, patenting and licensing costs first being recaptured, shall be as follows:
| $0-$5,000: | 75% to Inventor | |
| 25% to System | ||
| $5,000-$10,000: | 50% to Inventor | |
| 50% to System | ||
| above $10,000: | 25% to Inventor | |
| 75% to System |
