Difference between revisions of "Texas A&M University System"
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| − | + | We were able to locate detailed royalty sharing information for Texas A&M University dating as far back as 1991. | |
== Summary == | == Summary == | ||
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== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === 2006 Policy === |
| + | [http://universitypatentdata.com/images/c/c7/Texas_A%26M_2012.pdf Texas A&M IP Management & Commercialization (2012)] | ||
| − | '' | + | ''Distribution of Royalties, License Fees and Sale Proceeds from Licensing or Sale of Patentable Inventions, Plant Varieties and TRP, Licensed or Sold On or After June 1, 2006: |
| + | |||
| + | ''Step 1 – Deduct from gross royalties, license fees or sale proceeds the cost of obtaining legal protection for the intellectual property (when such costs are not already paid in full by another source at the time of distribution) and payments to any third parties to arrive at net income. | ||
| + | |||
| + | ''Step 2 – Distribute thirty-seven and one-half percent (37.5%) of net income to the creator(s) as personal income. | ||
| + | |||
| + | ''Step 3 – Distribute thirty-seven and one-half percent (37.5%) of net income to the member supporting the research leading to the disclosure. | ||
| + | |||
| + | ''Step 4 – Distribute twenty-five percent (25%) of net income to the OTC. This deduction is directed toward covering the administrative costs associated with evaluating, protecting, marketing and managing intellectual property.'' | ||
| + | |||
| + | === 1991 Policy === | ||
| + | [https://web.archive.org/web/19961206024854/http://sago.tamu.edu:80/policy/c-10-3.htm Texas A&M Invetions & Patents (1991)] | ||
| + | |||
| + | ''All monetary proceeds from commercialization of System-owned inventions, including royalties, equity interests, and dividends are the property of the System. Income received by the System from commercialization of an invention will be distributed as follows: | ||
| + | |||
| + | ''Step 1 Deduct the costs of obtaining legal protection for the invention to arrive at "adjusted income" (when such costs are not provided from other sources). When there is no adjusted income after deduction of costs, see Guaranteed Minimum to Inventor(s) below. | ||
| + | |||
| + | ''Step 2 Deduct fifteen percent (15%) from adjusted income. This deduction is directed toward covering the expenses (excluding patent expenses) for administering the System Intellectual Property Office. | ||
| + | |||
| + | ''Step 3 Distribute the remaining adjusted income as follows: | ||
| + | *''Fifty percent (50%) to the inventor. In case of multiple inventorship, the inventors will mutually agree among themselves on the distribution of this portion of the income. (See Guaranteed Minimum to Inventor(s), below.) | ||
| + | *''Fifty percent (50%) to the System component.'' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://web.archive.org/web/20190307015804/http://techtransfer.tamu.edu/ Texas A&M Technology Commercialization] |
| − | * | + | *[http://universitypatentdata.com/images/c/c7/Texas_A%26M_2012.pdf Texas A&M IP Management & Commercialization (2012)] |
| − | * | + | *[https://web.archive.org/web/19961206024854/http://sago.tamu.edu:80/policy/c-10-3.htm Texas A&M Invetions & Patents (1991)] |
Latest revision as of 10:30, 28 March 2019
We were able to locate detailed royalty sharing information for Texas A&M University dating as far back as 1991.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Texas A&M University System | 1991 | 2006 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.15 | No | No |
| Texas A&M University System | 2007 | 2017 | Yes | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 | 0 | No | No |
Policy Excerpts
2006 Policy
Texas A&M IP Management & Commercialization (2012)
Distribution of Royalties, License Fees and Sale Proceeds from Licensing or Sale of Patentable Inventions, Plant Varieties and TRP, Licensed or Sold On or After June 1, 2006:
Step 1 – Deduct from gross royalties, license fees or sale proceeds the cost of obtaining legal protection for the intellectual property (when such costs are not already paid in full by another source at the time of distribution) and payments to any third parties to arrive at net income.
Step 2 – Distribute thirty-seven and one-half percent (37.5%) of net income to the creator(s) as personal income.
Step 3 – Distribute thirty-seven and one-half percent (37.5%) of net income to the member supporting the research leading to the disclosure.
Step 4 – Distribute twenty-five percent (25%) of net income to the OTC. This deduction is directed toward covering the administrative costs associated with evaluating, protecting, marketing and managing intellectual property.
1991 Policy
Texas A&M Invetions & Patents (1991)
All monetary proceeds from commercialization of System-owned inventions, including royalties, equity interests, and dividends are the property of the System. Income received by the System from commercialization of an invention will be distributed as follows:
Step 1 Deduct the costs of obtaining legal protection for the invention to arrive at "adjusted income" (when such costs are not provided from other sources). When there is no adjusted income after deduction of costs, see Guaranteed Minimum to Inventor(s) below.
Step 2 Deduct fifteen percent (15%) from adjusted income. This deduction is directed toward covering the expenses (excluding patent expenses) for administering the System Intellectual Property Office.
Step 3 Distribute the remaining adjusted income as follows:
- Fifty percent (50%) to the inventor. In case of multiple inventorship, the inventors will mutually agree among themselves on the distribution of this portion of the income. (See Guaranteed Minimum to Inventor(s), below.)
- Fifty percent (50%) to the System component.
