Difference between revisions of "University of Wisconsin-Madison"
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| − | + | The University of Wisconsin-Madison has had three versions of its patent royalty sharing information since 1991. | |
== Summary == | == Summary == | ||
| Line 28: | Line 28: | ||
== Policy Excerpts == | == Policy Excerpts == | ||
| − | === | + | === On or After July 1, 2008 === |
| + | [https://web.archive.org/web/20190330213448/https://research.wisc.edu/intellectual-property/royalty-income-sharing/ University of Wisconsin-Madison Royalty Income Sharing] | ||
| − | '' | + | ''For licensing income resulting from patents and non-copyrightable technologies, the inventor or inventor group receives 20% of the gross royalty revenue generated.'' |
| + | |||
| + | [https://web.archive.org/web/20190330213705/https://research.wisc.edu/wp-content/uploads/sites/2/2018/06/Elimination-of-lab-share-from-royalty-sharing-program.pdf Elimination of Lab Share] | ||
| + | |||
| + | ''After an assessment of the 10-year practice of allocating a portion of initial royalty revenue to inventors' laboratories, the WARF Board of Trustees has decided to eliminate "lab share" from the foundation's income distribution structure. This change is effective for any license agreements signed on or after July 1, 2008.'' | ||
| + | |||
| + | === Before July 1, 2008 === | ||
| + | [https://web.archive.org/web/20190330213448/https://research.wisc.edu/intellectual-property/royalty-income-sharing/ University of Wisconsin-Madison Royalty Income Sharing] | ||
| + | |||
| + | ''Revenue generated from licenses signed before July 1, 2008 is shared with the technology’s inventor(s) or author(s), their laboratories, their academic department(s), and the UW–Madison. Revenue distributions differ for patents and non-copyrightable technologies, vs. non-patented copyrightable works (which includes copyrighted computer software.)'' | ||
| + | |||
| + | ''First $100,000 of Income per license (Laboratory Share distributions) | ||
| + | *''20% to Inventor(s) | ||
| + | *''70% to Research Program of Inventor(s) through a quarterly Laboratory Share Distribution | ||
| + | *''10% included in the WARF gift to campus | ||
| + | |||
| + | ''Income over $100,000 per license (Department Share distributions)* | ||
| + | *''20% to Inventor(s) | ||
| + | *''15% to Department/ Center through an annual Department Share Distribution | ||
| + | *''65% included in the WARF gift to campus | ||
| + | |||
| + | [https://web.archive.org/web/20190330213705/https://research.wisc.edu/wp-content/uploads/sites/2/2018/06/Elimination-of-lab-share-from-royalty-sharing-program.pdf Elimination of Lab Share] | ||
| + | |||
| + | ''Lab share began in 1998, when the university asked WARF to add investors' labs to the distribution of royalty revenues. It called for 70% of the first $100,000 generated by each license agreement to be distributed to the inventor's lab and was capped at a total of $200,000 per year, per lab.'' | ||
== Relevant Links == | == Relevant Links == | ||
| − | * | + | *[https://web.archive.org/web/20190330214121/https://obe.wisc.edu/technology-transfer University of Wisconsin-Madison Office of Business Engagement] |
| − | * | + | *[https://web.archive.org/web/20190330213448/https://research.wisc.edu/intellectual-property/royalty-income-sharing/ University of Wisconsin-Madison Royalty Income Sharing] |
| − | * | + | *[https://web.archive.org/web/20190330213705/https://research.wisc.edu/wp-content/uploads/sites/2/2018/06/Elimination-of-lab-share-from-royalty-sharing-program.pdf Elimination of Lab Share] |
Latest revision as of 14:41, 30 March 2019
The University of Wisconsin-Madison has had three versions of its patent royalty sharing information since 1991.
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Wisconsin-Madison | 1991 | 1997 | Yes | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0 | No | Yes |
| University of Wisconsin-Madison | 1998 | 2008 | Yes | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0 | Yes | Yes |
| University of Wisconsin-Madison | 2009 | 2017 | Yes | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0 | No | Yes |
Policy Excerpts
On or After July 1, 2008
University of Wisconsin-Madison Royalty Income Sharing
For licensing income resulting from patents and non-copyrightable technologies, the inventor or inventor group receives 20% of the gross royalty revenue generated.
After an assessment of the 10-year practice of allocating a portion of initial royalty revenue to inventors' laboratories, the WARF Board of Trustees has decided to eliminate "lab share" from the foundation's income distribution structure. This change is effective for any license agreements signed on or after July 1, 2008.
Before July 1, 2008
University of Wisconsin-Madison Royalty Income Sharing
Revenue generated from licenses signed before July 1, 2008 is shared with the technology’s inventor(s) or author(s), their laboratories, their academic department(s), and the UW–Madison. Revenue distributions differ for patents and non-copyrightable technologies, vs. non-patented copyrightable works (which includes copyrighted computer software.)
First $100,000 of Income per license (Laboratory Share distributions)
- 20% to Inventor(s)
- 70% to Research Program of Inventor(s) through a quarterly Laboratory Share Distribution
- 10% included in the WARF gift to campus
Income over $100,000 per license (Department Share distributions)*
- 20% to Inventor(s)
- 15% to Department/ Center through an annual Department Share Distribution
- 65% included in the WARF gift to campus
Lab share began in 1998, when the university asked WARF to add investors' labs to the distribution of royalty revenues. It called for 70% of the first $100,000 generated by each license agreement to be distributed to the inventor's lab and was capped at a total of $200,000 per year, per lab.
