Utah State University
Little blurb about what we know.
Contents
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Utah State University | 1999 | 2001 | No | 0.70 | 0.40 | 0.35 | 0.35 | 0.33 | 0.33 | 0.33 | 0 | No | No |
Utah State University | 2002 | 2017 | No | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.40 | 0.40 | 0.15 | No | No |
Policy Excerpts
2002 Policy Excerpt
2002 Intellectual Property and Creative Works Policy
(4) Royalties
a) From gross royalty income, deductions are taken for cumulative expenses (typically patent filing fees) that are directly assignable to the work. An additional deduction, to total 15% of cumulative royalties after expenses, also will be taken to help defray administrative costs of the Office of Technology Commercialization.
b) After deductions, the University distributes the remaining incomes as follows:
1) income (after deductions) from 0 to $500,000:
- 50% to the inventor*
- 25% to the generating unit(s)**
- 25% to the University***
2) income (after deductions) from $500,000 to $2,000,000.
- 40% to the inventor*
- 30% to the generating unit(s)**
- 30% to the University***
3) income (after deductions) over $2,000,000.
- 40% to the inventor*
- 20% to the generating unit(s)**
- 40% to the University***
* Co-inventors split the inventor's share in proportion to their relative contributions, unless otherwise agreed to among themselves. Payments to inventors/authors are paid directly to them, and are not employment consideration.
** When more than one generating unit is involved, the inventor(s) shall designate the distribution to them, based on their support of the work. The generating unit's share is disbursed by the dean(s), director(s), and department head(s).
*** The university share is used to provide university-wide research support, as determined by the President upon advice from the Vice President for Research.
(c) Disagreements regarding royalty distributions are reviewed and resolved by the Director of the Office of Technology Commercialization; appeals can be made to the Vice President for Research.
1999 Policy Excerpt
1999 Intellectual Property and Creative Works Policy
All expenses incurred by the University or its designee will be paid from proceeds prior to distribution of net income. When the University or its designee has title to an intellectual property and royalty or other income results to the University, it shall be shared, except where specified otherwise by the funding source, on the following basis:
Net Income | Inventor or Author | Generating USU Unit | University |
---|---|---|---|
$0-$5,000 | 100% | 0 | 0 |
$5,001-$50,000 | 40% | 30% | 30% |
$50,000-$250,000 | 35% | 33% | 32% |
$250,000+ | 33% | 33% | 33% |
Net income is defined as gross royalties and/or other receipts received by the University or its designee less deductible costs (administrative and patent expenses). The generating unit's share shall be disbursed by the director or department head. Such funds shall ordinarily be used for research or academic activities of the inventor or author as long as the inventor or author remains with the University. Co-inventor or authors share the inventor or author's share in proportion to their relative contributions unless otherwise agreed to among themselves. Payments to inventors or authors is not employment consideration.
Relevant Links
- Link to Archive.org version of the TTO page
- Link to policy related to Policy Excerpt #1
- Link to policy related to Policy Excerpt #2