California Institute of Technology

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Revision as of 15:25, 30 March 2019 by NivedhaS (talk | contribs) (1993 and 1995 Policy)
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The California Institute of Technology has had one revision to its patent policy since 1991. An increase of 10% was seen in the share given to the inventor from 1994 to 1995.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
California Institute of Technology 1993 1994 Yes 0.15 0.15 0.15 0.15 0.15 0.15 0.15 0 No No
California Institute of Technology 1995 2017 Yes 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0 No No

Policy Excerpts

Current Policy

2007 Policy

Where income is derived from such licensing, the inventor or inventors, collectively, will receive 25% of the income received by the Institute after the deduction of 1) unreimbursed external expenses associated with obtaining, maintaining, licensing and/or enforcing the patent or rights associated with the invention; and 2) the share of the income owed by Caltech to a third party pursuant to an income-sharing agreement between Caltech and the third party. In the event of multiple inventions in a license agreement, each inventor shall receive a proportion of that income according to Caltech internal procedures.

1993 and 1995 Policy

Prior to 1994, Caltech shared 15% of patent licensing revenues with inventors, with the remaining 85% going to university’s general budget; in July 1994, that was changed so that 25% went to inventors, 75% to the university.

Relevant Links