New Jersey Institute of Technology

We were able to locate detailed patent royalty sharing information for New Jersey Institute of Technology dating as far back as 1985.

Summary

Institution	Start	End	Flat	$0-10k	$10-50k	$50-100k	$100-300k	$300-500k	$0.5-1M	>$1M	Fee	Lab	More
New Jersey Institute of Technology	1985	2002	Yes	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0	No	No
New Jersey Institute of Technology	2003	2017	No	0.75	0.50	0.50	0.40	0.40	0.40	0.40	0	No	No

Policy Excerpts

2003 Policy

NJIT Patent Policy (2003)

The inventor(s) shall receive, as personal income, one hundred percent (100%) of the first $5,000 of net proceeds, fifty percent (50%) of the next $95,000 of net proceeds and forty percent (40%) of all net proceeds over $100,000 that are derived from commercialization of the patented inventions/discoveries, including licensing, sale, assignment or consulting income.

1985 Policy

NJIT Patent Policy (1985)

From the net profits received from the sale, license, etc. of the invention, the inventor(s) shall receive 35% thereof.

Relevant Links

• NJIT IP and Technology Licensing Office
• NJIT Patent Policy (2003)
• NJIT Patent Policy (1985)