Georgia Institute of Technology

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Revision as of 11:34, 6 March 2019 by NivedhaS (talk | contribs) (Policy Excerpts)
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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
Georgia Institute of Technology 1991 1997 No 0.55 0.50 0.50 0.50 0.50 0.50 0.50 0 No Yes
Georgia Institute of Technology 1998 2001 No 0.48 0.30 0.30 0.30 0.30 0.30 0.30 0 No Yes
Georgia Institute of Technology 2002 2017 No 0.50 0.33 0.33 0.33 0.33 0.33 0.33 0 No Yes

Policy Excerpts

2002 Policy

The first Two Thousand Five Hundred Dollars ($2,500) of gross income derived from the commercialization of any intellectual property other than video tapes/multimedia material shall be paid to the inventors/developers. Thereafter, the net income, computed on cumulative basis, shall be distributed as follows:

Next $500K: Inventor 33%, Unit 17%, and GTRC 50%

$501 K - $1,000 K: Inventor 33%, Unit 27%, GTRC 40%

>$1,000 K: Inventor 33%, Unit 33%, GTRC 34%

1998 Policy

The first Two Thousand Five Hundred Dollars ($2,500.00) of gross income derived from the commercialization of any intellectual property other than video tapes/multimedia material shall be paid to the inventors/developers. Thereafter, the net income shall be distributed as follows:

Next $100K: Inventor 30%, Reinvest 15%, Development Fund 5%, GTRC 50%

$101-500K: Inventor 25%, Reinvest 15%, Development Fund 20%, GTRC 40%

$501-1,000K:Inventor 20%, Reinvest 15%, Development Fund 35%, GTRC 30%

Over $1 Million: Inventor 10%, Reinvest 20%, Development Fund 50%, GTRC 20%

Relevant Links