Difference between revisions of "University of Washington"

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(Policy Excerpts)
 
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Little blurb about what we know.
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In 2015, a representative from the University of Washington provided us with a summary of UW's royalty-sharing policies dating back to 1983.
  
 
== Summary ==
 
== Summary ==
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== Policy Excerpts ==
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== Royalty Distribution Policy Summary ==
  
=== 2004 Policy Excerpt ===
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[http://universitypatentdata.com/images/9/9c/UW_Royalty_Distribution_formulas.pdf UW Royalty Distribution Formulas (PDF)]
  
[https://web.archive.org/web/20040511103116/http://www.washington.edu/admin/rules/APS/59.04.5.html 2004 Technology Transfer and Intellectual Property Policy]
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''(1) The Royalty distribution allocation for disclosures received from July 1, 2003 going forward is:  
  
'''''Division of Net License Revenue'''—After deducting the OIPTT administrative fee, and deducting and reserving expenses as provided in Section 5.a.1, net royalties, equity, and licensing fees (collectively, net "license revenue") derived from the licensing of intellectual property in which the University holds an interest will be distributed as follows:''
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''Division of Net License Revenue'''—After deducting the UWTT administrative fee (20%), and deducting and reserving expenses, net royalties, equity, and licensing fees (collectively, net "license revenue") derived from the licensing of intellectual property in which the University holds an interest will be distributed as follows:
  
{|
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{| class="wikitable"
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!
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! Inventors, Authors
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! Inventor's/Author's Dept/College*
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! University Research Funds
 
|-
 
|-
! ''Net Royalties, Equity, and License Fees'' !! ''Inventors, Authors'' !! ''Inventor's/Author's Dept/College'' !! ''University Research Funds''
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| Net Royalties, Equity, and License Fees || 1/3 || 1/3 || 1/3
 
|-
 
|-
|  || ''1/3'' || ''1/3'' || ''1/3''
 
 
|}
 
|}
  
''Distributions will be made annually according to a calendar schedule published by the OIPTT.''
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''(2) For invention disclosures received between August 15, 1993 to June 30, 2003, the division of Net License Revenue is:
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''Patent Royalty Distribution Formula – Admin fee = 24%
  
''The share for University Research Funds (including the Graduate School Fund and Royalty Research Fund) is used to promote research across the whole institution. The college/departmental share is allocated to the dean of the college for distribution. It is expected that at least 75 percent of this share will go to the inventor's or author's department (or other unit) for promotion of research according to departmental (or other unit) and college goals.''
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{| class="wikitable"
 
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! Cumulative Net Income
''For purposes of applying the distribution schedule, income from improvements and updates of inventions (e.g., computer software updates) is considered as an addition to the net income on the initial technology. Special arrangements may be approved by the OIPTT when such updates are done by the employee on an outside consulting basis.''
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! Inventor
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! Inventor's Dept/College*
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! UW Research Funds
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|-
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| First $10,000 || 100% || 0% || 0%
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|-
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| $10,000 to $40,0000 || 50% || 25% || 25%
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|-
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| Above $40,000 || 30% || 20% || 50%
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|-
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|}
  
''This revenue distribution schedule will be used to distribute revenue received by the University on technologies disclosed on or after July 1, 2003. This revenue distribution schedule will also be used for revenue from licenses that combine disclosures made before and after this date. No adjustments of prior distributions will be made. With regard to license revenue resulting from disclosures prior to July 1, 2003, the determination whether a distribution is appropriate and the amount, if any, to distribute shall be governed by Subsection 5.a.3, item #1 below (in the case of revenue from sale of equity) and by the policy in place at the time of the disclosure (in the case of cash royalties and license fees.) Agreements with development agencies made prior to 1969 and reconfirmed in writing thereafter will continue with the royalty arrangements specified therein.''
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''(3) For invention disclosures received between March 1, 1983 to August 15, 1993 the above formula is the same, except that the Admin fee is 15% for both patent and copyright.
''
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''* Within the Dept/College share, the department gets 75% and the College/School gets 25%.  
  
== Relevant Links ==
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== Other Relevant Links ==
*Link to Archive.org version of the TTO page
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*[https://web.archive.org/save/https://comotion.uw.edu/what-we-do/intellectual-property-licensing/ University of Washington CoMotion]
*Link to policy related to Policy Excerpt #1
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*[https://web.archive.org/web/20040511103116/http://www.washington.edu/admin/rules/APS/59.04.5.html Technology Transfer and Intellectual Property Policy (Oct 27, 2003)]
*Link to policy related to Policy Excerpt #2
 

Latest revision as of 00:37, 16 June 2019

In 2015, a representative from the University of Washington provided us with a summary of UW's royalty-sharing policies dating back to 1983.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
University of Washington 1983 1993 No 1.00 0.45 0.30 0.30 0.30 0.30 0.30 0.15 No No
University of Washington 1994 2003 No 1.00 0.45 0.30 0.30 0.30 0.30 0.30 0.24 No No
University of Washington 2004 2017 Yes 0.33 0.33 0.33 0.33 0.33 0.33 0.33 0.2 No No

Royalty Distribution Policy Summary

UW Royalty Distribution Formulas (PDF)

(1) The Royalty distribution allocation for disclosures received from July 1, 2003 going forward is:

Division of Net License Revenue'—After deducting the UWTT administrative fee (20%), and deducting and reserving expenses, net royalties, equity, and licensing fees (collectively, net "license revenue") derived from the licensing of intellectual property in which the University holds an interest will be distributed as follows:

Inventors, Authors Inventor's/Author's Dept/College* University Research Funds
Net Royalties, Equity, and License Fees 1/3 1/3 1/3

(2) For invention disclosures received between August 15, 1993 to June 30, 2003, the division of Net License Revenue is:

Patent Royalty Distribution Formula – Admin fee = 24%

Cumulative Net Income Inventor Inventor's Dept/College* UW Research Funds
First $10,000 100% 0% 0%
$10,000 to $40,0000 50% 25% 25%
Above $40,000 30% 20% 50%

(3) For invention disclosures received between March 1, 1983 to August 15, 1993 the above formula is the same, except that the Admin fee is 15% for both patent and copyright.

* Within the Dept/College share, the department gets 75% and the College/School gets 25%.

Other Relevant Links