University of Massachusetts/Amherst
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We were able to locate detailed royalty sharing information for the University of Massachusetts Amherst dating as far back as 1997.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of Massachusetts/Amherst | 1997 | 2017 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | No | No |
Policy Excerpts
1997 Policy
UMass Amherst IP Policy (1997)
The University will be reimbursed for any out-of-pocket expenses incurred in obtaining and maintaining patent or copyright protection for a specific item of Intellectual Property, and in evaluating and marketing such Intellectual Property.
The remaining net income will be distributed as follows:
- Fifteen percent (15%) to the CVIP to fund patents, CVIP operations, and research grants
- Thirty percent (30%) to the inventor or creator
- Fifteen percent (15%) to the University entity or entities that provided the resources for development of the Intellectual Property, to fund research and scholarship Forty percent (40%) to the campus of the inventor or creator to fund research and scholarship