Difference between revisions of "University of Washington"
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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 | + | == Royalty Distribution Policy Summary == |
− | + | [http://universitypatentdata.com/images/9/9c/UW_Royalty_Distribution_formulas.pdf 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: | |
− | {| | + | {| class="wikitable" |
+ | ! | ||
+ | ! 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% | ||
− | ' | + | {| class="wikitable" |
− | + | ! 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%. | ||
− | == Relevant Links == | + | == Other Relevant Links == |
− | * | + | *[https://web.archive.org/save/https://comotion.uw.edu/what-we-do/intellectual-property-licensing/ University of Washington CoMotion] |
− | * | + | *[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)] |
− |
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%.