Washington State University

From University Patent Data Wiki
Revision as of 11:05, 21 February 2019 by HeidiV (talk | contribs) (1992 Policy Excerpt)
Jump to navigation Jump to search

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
Washington State University 1991 2000 No 1.00 0.45 0.30 0.30 0.30 0.30 0.30 0.225 No No
Washington State University 2001 2015 No 1.00 0.50 0.50 0.38 0.25 0.25 0.25 0.2 No No

Policy Excerpts

1992 Policy Excerpt

1992 Policy

In adopting this policy statement the Washington State University Board of Regents recommended and the Board of Directors of the Washington State University Research Foundation adopted the following policy for distribution of royalties from patents:

Following the filing of a patent application on a particular invention which has been determined to be University property, the inventor will receive a $500 payment from the WSURF. If the invention is determined to be owned jointly by the employee and the University or by the employee, the University and one or more external agencies, unless the parties agree otherwise, the inventor shall receive a sum equal to $500 multiplied by the percentage of the University's interest. Where several employees are responsible for the invention, the payment shall be shared among the coinventors.

Net royalty income received by WSURF shall be defined as one or the other of the following: (1) in the case of property administered by an agency other than the WSURF (such as the Battelle Development Corporation, Research Corporation, or Washington Research Foundation) the sum received that is subject to this policy less a 5% administrative charge to be retained by WSURF; or (2) in the case of property administered by WSURF, the amount received that is subject to this policy less a 40% administrative charge to be retained by WSURF.

Net royalty income received by WSURF shall be distributed according to the following schedule:

Cumulative Net Income Inventor WSU Research Foundation Unit (e.g., Department)
$1 - $10,000 100% 0% 0%
$10,001 - $40,000 50% 20% 30%
Above $40,000 50% 35% 35%

In the case of multiple inventors, the cumulative net royalty income shall be distributed equally among them unless their initial disclosure specified an unequal distribution.

Royalty income allocated to inventors goes directly to them as personal income.

Relevant Links

  • Link to Archive.org version of the TTO page
  • Link to policy related to Policy Excerpt #1
  • Link to policy related to Policy Excerpt #2