Difference between revisions of "Southern Illinois University"
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− | Southern Illinois University has had | + | Southern Illinois University has had three iterations of its inventor royalty sharing policy since 1992. |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
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+ | === 2016 Policy === | ||
+ | [http://universitypatentdata.com/images/a/a9/IP_Policy_System_7_14_16_Final.pdf Southern Illinois IP Policy (2016)] | ||
+ | |||
+ | ''If revenue is received by the Board from any intellectual property rights (patents, copyrights, technology products, trade secrets, trademarks, trade dress, etc.) associated with an innovation or commercial application outside of the academic field, all costs of procuring, developing, and administering such intellectual property rights, as well as costs for license agreement(s) and consulting services associated with those rights, shall first be paid from such revenue. Such costs may further include substantial undertakings by the OTT such as drafting patent applications and are subject to a fee schedule as outlined in Section VII. | ||
+ | |||
+ | ''All income in excess of such expenses shall be distributed amongst the creator(s)/author(s), the SIU Entity from which the innovation was generated and creator/author’s college/school and department. The creator(s)/author(s) shall receive 45%, the SIU Entity from which the innovation was generated shall receive 45%, the creator/author’s college/school shall receive 5% and the creator/author’s department shall receive 5% of net income received. If the creator/author does not report to a department (I.e. such as an administrative employee), then the unit to which the creator/author resides shall receive 5% of the income received, the SIU Entity from which the innovation was generated shall receive the other 50% and the creator/author shall receive 45%. If the creator/author is a Board affiliate, then the SIU Entity shall receive 55% and the Board affiliate shall receive 45% of income received.'' | ||
=== 2005 Policy === | === 2005 Policy === | ||
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== Relevant Links == | == Relevant Links == | ||
*[https://web.archive.org/web/20180802225347/http://siusystem.edu/tech-transfer/ Southern Illinois University System Technology Transfer] | *[https://web.archive.org/web/20180802225347/http://siusystem.edu/tech-transfer/ Southern Illinois University System Technology Transfer] | ||
+ | *[http://universitypatentdata.com/images/a/a9/IP_Policy_System_7_14_16_Final.pdf Southern Illinois IP Policy (2016)] | ||
*[http://universitypatentdata.com/images/2/22/Southern_Illinois_2005.pdf Southern Illinois University IP, Copyrights, and Patents (2005)] | *[http://universitypatentdata.com/images/2/22/Southern_Illinois_2005.pdf Southern Illinois University IP, Copyrights, and Patents (2005)] | ||
*[https://web.archive.org/web/19970605081347/http://www.siu.edu:80/~docedit/policies/patents.html Southern Illinois University Patents & Copyrights (1992)] | *[https://web.archive.org/web/19970605081347/http://www.siu.edu:80/~docedit/policies/patents.html Southern Illinois University Patents & Copyrights (1992)] |
Latest revision as of 09:56, 30 August 2019
Southern Illinois University has had three iterations of its inventor royalty sharing policy since 1992.
Contents
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Southern Illinois University | 1992 | 2004 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
Southern Illinois University | 2005 | 2016 | No | 0.50 | 0.50 | 0.45 | 0.44 | 0.40 | 0.35 | 0.35 | 0 | No | No |
Policy Excerpts
2016 Policy
Southern Illinois IP Policy (2016)
If revenue is received by the Board from any intellectual property rights (patents, copyrights, technology products, trade secrets, trademarks, trade dress, etc.) associated with an innovation or commercial application outside of the academic field, all costs of procuring, developing, and administering such intellectual property rights, as well as costs for license agreement(s) and consulting services associated with those rights, shall first be paid from such revenue. Such costs may further include substantial undertakings by the OTT such as drafting patent applications and are subject to a fee schedule as outlined in Section VII.
All income in excess of such expenses shall be distributed amongst the creator(s)/author(s), the SIU Entity from which the innovation was generated and creator/author’s college/school and department. The creator(s)/author(s) shall receive 45%, the SIU Entity from which the innovation was generated shall receive 45%, the creator/author’s college/school shall receive 5% and the creator/author’s department shall receive 5% of net income received. If the creator/author does not report to a department (I.e. such as an administrative employee), then the unit to which the creator/author resides shall receive 5% of the income received, the SIU Entity from which the innovation was generated shall receive the other 50% and the creator/author shall receive 45%. If the creator/author is a Board affiliate, then the SIU Entity shall receive 55% and the Board affiliate shall receive 45% of income received.
2005 Policy
Southern Illinois University IP, Copyrights, and Patents (2005)
All "Net Income" shall be shared by the Creator and the University as follows:
- Of the first $50,000 of net income: 50% shall be distributed to the Creator and 50% shall be distributed to the University.
- Of the next $200,000 of net income: 45% shall be distributed to the Creator, 45% shall be distributed to the University, 5% shall be distributed to the Creator's originating college(s), and 5% shall be distributed to the Creator's origination unit(s).
- Of the next $250,000 of net income: 40% shall be distributed to the Creator, 45% shall be distributed to the University, 7.5% shall be distributed to the Creator's originating college(s), and 7.5% shall be distributed to the Creator's origination unit(s).
- Of net income in excess of $500,000: 35% shall be distributed to the Creator, 50% shall be distributed to the University, 7.5% shall be distributed to the Creator's originating college(s), and 7.5% shall be distributed to the Creator's origination unit(s).
1992 Policy
Southern Illinois University Patents & Copyrights (1992)
If income is received by the university from any patent or copyright, all costs of procuring, developing, and administering such patent or copyright shall first be paid from such income. All income in excess of such expenses shall be shared equally by the inventor/author and the university, unless otherwise agreed in writing. If the university uses a marketing or management firm or other intermediary in procuring a patent, copyright, or license, the distribution of income/royalties shall be established by an agreement between the university and the intermediary firm. After all expenses have been paid, including those paid to any marketing or management firm or other intermediary, the income will be evenly divided between the university and the inventor/author.