Iowa State University

From University Patent Data Wiki
Revision as of 12:10, 6 March 2019 by NivedhaS (talk | contribs) (Policy Excerpts)
Jump to navigation Jump to search

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
Iowa State University 1992 2017 Yes 0.33 0.33 0.33 0.33 0.33 0.33 0.33 0.15 No No

Policy Excerpts

1992 Policy

1. All expenses directly related to the patent/license will be paid.

2. ISURF will retain 15% of the gross royalties on each patent to cover the general administrative costs incurred by the office.

3. ISURF will pay the inventor(s) 1/3 of the net royalties: Net royalties = [gross royalties – (costs + 15% gross royalties)].

4. The college (or equivalent unit) that generated the patent will receive up to 1/3 of the net royalties generated on a patent.

5. Any debts to the university will be paid before funds are invested or returned to the university for other purposes.

6. Payments will be made annually by September 1 following the fiscal year ending June 30

Relevant Links