Stevens Institute of Technology
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The current Patent Policy at the Stevens Institute of Technology went into effect on December 16, 2014.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stevens Institute of Technology | 2015 | 2017 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.15 | No | No |
Policy Excerpts
Current Policy
Following the allocation contemplated by paragraph B above, all distributions shall be based upon net proceeds (as defined below) and shall ordinarily be distributed as follows:
Fifteen percent (15%) for the general support of the Office of Innovation and Entrepreneurship and to cover any other expenses associated with the commercialization of Stevens’ inventions; and
The remaining net proceeds (85 %) shall be distributed as follows:
- Inventor share: fifty percent (50%) of net proceeds to the inventor or inventors (including in each case inventors at other institutions), for the first $5,000,000 of net proceeds; forty percent (40%) of net proceeds in excess of $5,000,000 and not exceeding $10,000,000; and thirty percent (30%) of all amounts of net proceeds in excess of $10,000,000.
