Ball State 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ball State University | 1991 | 2008 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| Ball State University | 2009 | 2012 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | No | No |
| Ball State University | 2013 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.1 | No | No |
Policy Excerpts
2013 Policy
Income received during the preceding Ball State fiscal year related to Ball State owned intellectual property shall be distributed once annually as follows:
STEP:
1. Deduct 10% from Gross Income received by Ball State related to the intellectual property for partial indirect cost recovery; thereafter, deduct Recoverable Costs and, in some cases, a direct cost reserve to arrive at the annual Adjusted Income. (See Exhibit A, attached hereto)
2. Distribute one‐third of the Adjusted Income to the inventors/authors.
3. Distribute one‐third of the Adjusted Income to Ball State for placement in an account to support the research and development of intellectual property by funding the operations and economic development mission of the Ball State Innovation Corporation, the Ball State Innovation Management Services LLC, and/or the Ball State Technology Transfer Office, or for funding of other Ball State priorities as determined by the President of Ball State or her designee.
4. Distribute one‐third of the Adjusted Income to the Ball State department and/or units of the inventor/author up to an annual royalty amount of $30,000. If one‐third of the annual Adjusted Income exceeds $30,000, any excess shall go to Ball State for placement in an account to support the research and development of intellectual property as designated in the preceding paragraph.
In the event there is more than one inventor/author for the intellectual property, the inventor/author
share shall be divided among them as they agree in writing. In the absence of a written agreement, the
inventors/authors shall attempt to reach agreement among themselves as to the fair and equitable
allocation of royalties among them based upon their relative contributions to the work.
In the event they fail to reach agreement, any one of the inventors/authors may request that the Patent
and Copyright Committee evaluate the relative contributions of the inventors/authors and propose an
appropriate royalty allocation. Upon a written request from an inventor/author, the Patent and
Revised and Approved by Board of Trustees February 8, 2013.
2008-2009 Policy Change
Why is the faculty share of income being cut from 50% to 30%?
That does not appear to be faculty-friendly. A. In the past policy, there was no tech transfer officer or anyone on campus whose job it was to market intellectual properties. By far the majority of projects did not produce significant royalties. A very small percentage of IPs made any money at all. First, the new policy attempts to fill the gap of what to do with an intellectual property after it has been created and disclosed. The new Tech Transfer Office will evaluate and assess the market for an intellectual property. Second, the new policy allows for the home unit to share in the financial success of the new IP. This would allow units to be more supportive of future faculty members in the process of creating an intellectual property.
In most cases, the inventors agree upon the share of the 30% among themselves in a proceeds distribution agreement. If such an agreement is not reached, the University may divide royalties among all inventors.
