Wake Forest University

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We were able to locate detailed royalty sharing information for Wake Forest University dating as far back as 1999. This policy went into effect on February 5, 1999 and is currently still in effect.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Wake Forest University 1999 2017 Yes 0.35 0.35 0.35 0.35 0.35 0.35 0.35 0 No Yes

Policy Excerpts

1999 Policy Excerpt

1999 Inventions and Patent Policy

When an invention is patented (or patent protection is sought) and/or marketed by the University (whether owned by it, assigned, or subject to the provisions of an agreement for sponsored research), the gross proceeds arising from the invention will be distributed as follows:

Before Recovery of Specific Expenses: 35% Inventor
65% Wake Forest University until Specific Expenses associated with the invention are fully recovered
After Recovery of Specific Expenses: 35% Inventor
10% Inventor’s Department until $1,000,000 is received by the Department
55% Wake Forest University Research
After $1,000,000 Received by Dept.: 35% Inventor
65% Wake Forest University Research

Gross proceeds include equity, the acquisition and disposition of which will be governed by a University policy approved by the President. Any consideration received for the performance of research is not to be defined as part of gross proceeds.

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