Lehigh University
Lehigh University has not revised its patent policy since 1979. The creator/inventor receives 50% of revenue shares.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Lehigh University | 1979 | 2017 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
Policy Excerpts
1979 Policy
Distribution of Revenues: All revenues derived from University owned Intellectual Property or creative works including electronic media will be received and administered by the Office of Research and Sponsored Programs. For each specific piece of Intellectual Property owned by the University, costs incurred in the process of perfecting, transferring, and protecting University rights to the property paid by the University will first be deducted from the gross income available before distribution. An accurate accounting of all such costs shall be made available to the creator upon request. The distribution of net proceeds(income less all costs including that of an agency engaged to provide patent administration services) that is received from University owned IntellectualProperties shall be shared equally between the creator and the University unless there has been a prior agreement to do otherwise. The University and/or creator may, in appropriate circumstances, take equity positions in companies licensed to market or use Intellectual Property.