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
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)