Auburn University
Little blurb about what we know.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Auburn University | 2012 | 2017 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | Yes | No |
Policy Excerpts
2012 Policy
"Auburn University Patent Policy"
Prior to declaring “net revenues,” the out-of-pocket costs sustained by Auburn university for (a) patent prosecution though attorney firms, (b) patenting and patent maintenance fees, (c) licensing and license maintenance costs, (d) evaluation or marketing services, and (e) university costs for patent infringement actions will be taken from gross revenues. Salaries and wages to employees of AU OTT and the cost of OTT operation are not considered out-of-pocket expenses. Net revenue consequent to the above will be distributed as follows:
- 1. 40% to the inventors prorated according to contribution;
- 2. 45% to AU (distribution within AU is elaborated below); and
- 3. 15% to OTT for operation and expenses.
The 45% of the Net Revenue allocated to AU is meant for the support and promotion of research, research infrastructure, promotion of inventions, and transfer of university technology to worthy external entities for the benefit of the broader economy and society. Appropriate activities include but not limited to:
- 1. The development of inventions and prototyping;
- 2. Testing of inventions to improve commercialization;
- 3. An infrastructure to do enabling “proof of concepts”;
- 4. The investigation of markets, and business plan development;
- 5. The creation and maintenance of a network of investors;
- 6. An infrastructure to enable new business startups based on AU inventions;
- 7. Training on technology transfer;
- 8. Seed funds for additional research and development to further the invention; and
- 9. Other undefined steps to improve the commercialization of inventions.
The recommended share from the 45% distributions to AU is:
- 1. Inventor’s research program =20%
- 2. Department=15%
- 3. College =15%
- 4. VPR=50% (for use as prescribed above)
