Difference between revisions of "Stevens Institute of Technology"
Jump to navigation
Jump to search
| Line 33: | Line 33: | ||
''The remaining net proceeds (85 %) shall be distributed as follows: | ''The remaining net proceeds (85 %) shall be distributed as follows: | ||
*''Inventor share: fifty percent (50%) of net proceeds to the inventor or inventors (including in each case inventors at other institutions), for the first $5,000,000 of net proceeds; forty percent (40%) of net proceeds in excess of $5,000,000 and not exceeding $10,000,000; and thirty percent (30%) of all amounts of net proceeds in excess of $10,000,000.'' | *''Inventor share: fifty percent (50%) of net proceeds to the inventor or inventors (including in each case inventors at other institutions), for the first $5,000,000 of net proceeds; forty percent (40%) of net proceeds in excess of $5,000,000 and not exceeding $10,000,000; and thirty percent (30%) of all amounts of net proceeds in excess of $10,000,000.'' | ||
| + | *''The remainder of net proceeds shall be used by Stevens for research, scholarship and other educational activities in the following manner: | ||
| + | **''40% to the school or other Stevens division in which the invention was made; | ||
| + | **''20% to the Office of the Provost; and | ||
| + | **''40% to Stevens. | ||
== Relevant Links == | == Relevant Links == | ||
*[https://web.archive.org/web/20171029204910/https://www.stevens.edu/directory/office-innovation-and-entrepreneurship Stevens Office of Innovation and Entrepreneurship] | *[https://web.archive.org/web/20171029204910/https://www.stevens.edu/directory/office-innovation-and-entrepreneurship Stevens Office of Innovation and Entrepreneurship] | ||
*[https://web.archive.org/web/20190329163023/https://www.stevens.edu/sites/stevens_edu/files/files/UPL/Patent_Policy_16dec2014p.pdf Stevens Patent Policy (2014)] | *[https://web.archive.org/web/20190329163023/https://www.stevens.edu/sites/stevens_edu/files/files/UPL/Patent_Policy_16dec2014p.pdf Stevens Patent Policy (2014)] | ||
Latest revision as of 21:56, 29 August 2019
The current Patent Policy at the Stevens Institute of Technology went into effect on December 16, 2014.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stevens Institute of Technology | 2015 | 2017 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.15 | No | No |
Policy Excerpts
Current Policy
Following the allocation contemplated by paragraph B above, all distributions shall be based upon net proceeds (as defined below) and shall ordinarily be distributed as follows:
Fifteen percent (15%) for the general support of the Office of Innovation and Entrepreneurship and to cover any other expenses associated with the commercialization of Stevens’ inventions; and
The remaining net proceeds (85 %) shall be distributed as follows:
- Inventor share: fifty percent (50%) of net proceeds to the inventor or inventors (including in each case inventors at other institutions), for the first $5,000,000 of net proceeds; forty percent (40%) of net proceeds in excess of $5,000,000 and not exceeding $10,000,000; and thirty percent (30%) of all amounts of net proceeds in excess of $10,000,000.
- The remainder of net proceeds shall be used by Stevens for research, scholarship and other educational activities in the following manner:
- 40% to the school or other Stevens division in which the invention was made;
- 20% to the Office of the Provost; and
- 40% to Stevens.
