North Dakota State University
We were able to locate detailed patent royalty sharing information for North Dakota State University dating as far back as 1995.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North Dakota State University | 1995 | 2014 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | No | No |
Policy Excerpts
1995 Policy
An email from a representative of NDSU stated that the policy through 2014 has remained the same with respect to inventor royalty share since at least 1995.
Net Royalties are defined as gross royalties and fees less the expenses incurred by the Institution in conducting the research and in procuring, protecting, preserving, maintaining, and licensing the patent and related property rights, and such other cost, taxes, or reimbursements as may be necessary or required by law.
Subject to restrictions arising from overriding obligations of the Institution pursuant to gifts, grants, contracts, or other agreements with outside organizations, the Institution agrees, for and in consideration of the assignment of patent rights or Inventions, to pay annually to the named Inventor(s), or to the Inventor(s)' heirs, successors, or assigns, a minimum of 30 percent of the net royalties and fees received by the Institution.
In addition to the Inventor's(s') share, the Net Royalties shall be disbursed by negotiated agreement with allocations to the originating department, the originating college/school, and the Institution.
