University of Pittsburgh
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The University of Pittsburgh has not changed its patent royalty distribution policy since at least 1978.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
University of Pittsburgh | 1978 | 2017 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | Yes | No |
Policy Excerpts
Current Policy
University of Pittsburgh Patent Rights & Technology Transfer Policy (2005)
The balance of proceeds from any license, sale, or other amounts derived from the transfer of patent rights or unpatented intellectual property (excluding copyrights) will then be distributed as follows:***
- 30% to the inventor(s).****
- 30% to the above "Patent Rights Fund."
- 10% to a "University Development Fund," to provide resources to enhance the academic enterprise of the University and/or to develop patentable material under the direction of the Provost and the Senior Vice Chancellor for the Health Sciences. (Schools that have supported research leading to patentable discoveries may apply for money from the University Development Fund for support of future endeavors.)
- 15% to the department***** of the inventor, for use in research at the discretion of the inventor with the approval of the department chair, if inventor is still a member of the faculty. If the inventor leaves the University, this portion will revert to a University Development Fund (the inventor’s former department may subsequently choose to apply for the use of these funds).
- 15% to the Office of Technology Management to cover administrative expenses.
In the event that total income for a patent or group of related patents or technology rights exceeds $100,000, the above distribution of royalties may be changed in accordance with a plan approved by the Chancellor of the University, but not so as to reduce the inventor's share.