University of New Mexico
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The University of New Mexico has changed its royalty sharing policy twice since 1990.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of New Mexico | 1990 | 1999 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | Yes |
University of New Mexico | 2000 | 2017 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | No | No |
Policy Excerpts
Current & 2000 Policy
Royalties from commercialization by STC.UNM (formerly known as Science & Technology Corporation @ UNM) (the main commercialization arm of the University) of inventions, tangible research results, and other types of intellectual property are allocated (see Section 2.6): 40% equally among the creators . . .
1990 Policy
University of New Mexico Faculty Handbook (1990)
Gross Revenues including option and license issuance fees received by the University resulting from the licensing of the Invention shall be shared 50% with the Inventor after deduction of (a) up to $10,000 to cover the University's patent costs and (b) litigation costs, if any.