Georgia Institute of Technology
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%