Difference between revisions of "University of Alabama in Huntsville (UAH)"
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=== 1991 Policy === | === 1991 Policy === | ||
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+ | [https://web.archive.org/web/20190121172546/https://www.uah.edu/images/research/otc/2014_Income_from_Patents.pdf UAH Patent Policy] | ||
''Division of income shall be handled as follows: | ''Division of income shall be handled as follows: |
Latest revision as of 11:20, 24 February 2019
The UAH policy on Income from Patents, Inventions, and Discoveries was adopted in 1991.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of Alabama in Huntsville (UAH) | 1991 | 2017 | No | 0.70 | 0.70 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.15 | No | No |
Policy Excerpts
1991 Policy
Division of income shall be handled as follows:
- Gross royalties, fees, and other financial returns received by the University from such inventions shall first be reduced by 15% for administrative costs plus additional expenses of patenting, protecting patent rights, and marketing the inventions.
- Net income remaining shall then ordinarily be divided in accordance with the percentages stated below.
The policy then describes 70% employee share for accumulated net income up to $50,000 and 40% employee share for accumulated net income over $50,000.