Difference between revisions of "Brandeis University"
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− | Brandeis University has revised their patent policies once since | + | Brandeis University has revised their patent policies once since 1990. There was no major change in the division of royalties that was awarded to the inventor. |
== Summary == | == Summary == | ||
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''to the University and creators. Remaining and subsequent income shall be | ''to the University and creators. Remaining and subsequent income shall be | ||
''distributed as follows: | ''distributed as follows: | ||
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''1. The creator(s), or his/her legal heirs, shall collectively receive 40%. A | ''1. The creator(s), or his/her legal heirs, shall collectively receive 40%. A | ||
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== Relevant Links == | == Relevant Links == | ||
*[https://web.archive.org/web/20180423083959/https://www.brandeis.edu/innovation/work-with-us/faculty-innovators/guide.html Brandeis University Innovation Office] | *[https://web.archive.org/web/20180423083959/https://www.brandeis.edu/innovation/work-with-us/faculty-innovators/guide.html Brandeis University Innovation Office] | ||
− | *[http://universitypatentdata.com/images/6/65/Brandeis_2017.pdf | + | *[http://universitypatentdata.com/images/6/65/Brandeis_2017.pdf Brandeis Intellectual Property Policy (2004)] |
− | *[http://universitypatentdata.com/images/2/2b/Brandeis_2003.pdf | + | *[http://universitypatentdata.com/images/2/2b/Brandeis_2003.pdf Brandeis Patent Policies and Procedures (1990)] |
Latest revision as of 13:30, 27 July 2019
Brandeis University has revised their patent policies once since 1990. There was no major change in the division of royalties that was awarded to the inventor.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Brandeis University | 1990 | 2003 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | Yes | No |
Brandeis University | 2004 | 2017 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | Yes | No |
Policy Excerpts
Current Policy
With respect to University-supported IP, the University shall reimburse itself from the gross income from such IP for all out-of-pocket and contractual expenses related to the IP, including but not limited to legal and litigation expenses. If an intellectual property management firm is engaged to evaluate, file or market IP, all expenses and fees of said firm will be deducted prior to distribution of income to the University and creators. Remaining and subsequent income shall be distributed as follows:
1. The creator(s), or his/her legal heirs, shall collectively receive 40%. A creator’s right to this share continues if s/he departs the University.
2. The department(s) or program(s) with which the creator(s) is associated shall receive 15%. These funds are in addition to the regular University budget for the department or program. At least one-half of these department/program funds shall be allocated for the direct support of the creator’s research, scholarly and creative activities, with the remainder used to foster research, scholarly and creative activities in the department or program more generally. In the event of the departure of a creator from the University, the portion otherwise allocated for direct support of the creator’s activities shall remain with the department or program.
3. The University shall allocate 15% to a fund under the direction of the Provost for the promotion of research, scholarly and creative activities.
4. The University shall retain 15% for use at its discretion.
5. The University shall allocate 15% in support of the OIPTT.
6. Distributions shall be paid quarterly, and accompanied by reasonable accounting and explanation of how they were calculated.
1990 Policy
A. The University shall reimburse itself from the gross income from an invention for all out-of-pocket and contractual expenses related to the invention. If a patent management firm is engaged to evaluate, file or market an invention, all expenses and fees of said firm will be deducted prior to distribution of income to the University and inventors. Remaining and subsequent income shall be distributed as follows:
the Inventor(s) shall receive 40%;
the department(s) with which the Inventor(s) is associated shall receive 20%. These funds are in addition to the regular University budget for the department and shall be divided equally between direct support to the Inventor for his or her research and the Inventor's department to foster research in the department.
the University shall allocate 20% to a fund under the direction of the President for the promotion of research; and
the University shall retain 20% for use at its discretion.