University of Minnesota
We were able to locate detailed royalty sharing information for the University of Minnesota dating as far back as 1967.
The University has had two iterations of its policy on patent royalty distribution, with the first adopted in 1967, and the second adopted in 1986. Although the IP Policy at the University of Minnesota has been amended several times since 1986, the inventors' royalty share has remained the same.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of Minnesota | 1986 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0 | Yes | No |
Policy Excerpts
1986 Policy
University of Minnesota Policies
University of Minnesota Board of Regents Policy (2015)
Developers receive 33 1/3% of the net income:
The university shall share with inventors the net income from commercialization of technology as follows: thirty-three and one-third percent to the inventors. (From 2015 Policy)
1967 Policy
University of Minnesota Policies
Fifty percent of the net income derived from the external use of University-sponsored educational materials shall ordinarily go to the University, 50 percent to the author or producer.