University of Arizona
The University of Arizona adopted an Interim Intellectual Property Policy in 2002. The same policy was approved by the Faculty Senate in 2005, and remained in effect until October 2014. On October 14, 2014, the University of Arizona adopted a new Intellectual Property Policy.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of Arizona | 2003 | 2014 | No | 1.00 | 0.50 | 0.40 | 0.40 | 0.40 | 0.35 | 0.25 | 0.15 | Yes | No |
Policy Excerpts
2015 Policy
Under the IP Policy, the inventor receives 50% for net income of $0-$100,000. From $100,001-$500,000 net income, the inventor receives 40%, and the percentage drops down to 30% for net income above $500,000.
2002 & 2005 Policy
The inventor receives 100% for the first $10,000 of net income. From $10,001-$50,000 net income, the inventor is entitled to 50%. For the next $450,000 (net income of $50,001-$500,000, the inventor will receive 40%. The inventor will receive 35% of net income from $500,001-$1,000,000. Finally, the inventor will receive 25% of net income over $1,000,000.