Southern Illinois University

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Revision as of 17:21, 28 August 2019 by LoriD (talk | contribs) (Summary)
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Southern Illinois University has had two iterations of its inventor royalty sharing policy since 1992.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Southern Illinois University 1992 2004 Yes 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0 No No
Southern Illinois University 2005 2016 No 0.50 0.50 0.45 0.44 0.40 0.35 0.35 0 No No

Policy Excerpts

2005 Policy

Southern Illinois University IP, Copyrights, and Patents (2005)

All "Net Income" shall be shared by the Creator and the University as follows:

  • Of the first $50,000 of net income: 50% shall be distributed to the Creator and 50% shall be distributed to the University.
  • Of the next $200,000 of net income: 45% shall be distributed to the Creator, 45% shall be distributed to the University, 5% shall be distributed to the Creator's originating college(s), and 5% shall be distributed to the Creator's origination unit(s).
  • Of the next $250,000 of net income: 40% shall be distributed to the Creator, 45% shall be distributed to the University, 7.5% shall be distributed to the Creator's originating college(s), and 7.5% shall be distributed to the Creator's origination unit(s).
  • Of net income in excess of $500,000: 35% shall be distributed to the Creator, 50% shall be distributed to the University, 7.5% shall be distributed to the Creator's originating college(s), and 7.5% shall be distributed to the Creator's origination unit(s).

1992 Policy

Southern Illinois University Patents & Copyrights (1992)

If income is received by the university from any patent or copyright, all costs of procuring, developing, and administering such patent or copyright shall first be paid from such income. All income in excess of such expenses shall be shared equally by the inventor/author and the university, unless otherwise agreed in writing. If the university uses a marketing or management firm or other intermediary in procuring a patent, copyright, or license, the distribution of income/royalties shall be established by an agreement between the university and the intermediary firm. After all expenses have been paid, including those paid to any marketing or management firm or other intermediary, the income will be evenly divided between the university and the inventor/author.

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