Florida State University

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A 2015 email from a member of the Florida State University Office of the General Counsel confirmed that royalty sharing policies had been the same at least as far back as 1990.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Florida State University 1990 2017 No 0.85 0.40 0.40 0.40 0.40 0.40 0.40 0 No Yes

Policy Excerpts

Current Policy

2004 Faculty Handbook

2019 Policy

Income from patents is distributed as follows:

FSU Policy allows for named inventors to share in a $500 award for each issued U.S. patent. Royalties or other income resulting from inventions in which the University takes title will be distributed as follows:

For the first $10,000:
85% to Inventor(s)
15% to University (FSU Research Foundation)
Once the $10,000 plateau has been reached, net income (gross royalties minus direct costs of patenting, licensing, legal, and other related expenses will be divided as follows:
40% to Inventor(s)
30% to Inventor(s) Academic Unit(s)
30% to University (FSU Research Foundation)

Relevant Links