University of Chicago
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The University of Chicago had no standard royalty sharing policy before 2002. In 2002, however, the university adopted its current License Revenue Sharing 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 Chicago | 2002 | 2017 | Yes | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | Yes | Yes |
Policy Excerpts
2002 Policy
[T]he University through its intellectual property office, UChicagoTech, shall distribute the gross License Revenue the University receives for each INVENTION as follows:
(a) 25% to the INVENTOR ("Inventor share")
(b) 10% to the LABORATORY ("Laboratory share")
