Emory University
Emory University has revised its patent policy twice since 1991.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Emory University | 1990 | 2001 | Yes | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | Yes | No |
Emory University | 2002 | 2017 | No | 1.00 | 0.58 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0 | No | No |
Policy Excerpts
2002 Policy
In a table that describes the shares of royalties paid to each party, Emory University write the following:
Gross Revenue up to $25,000: 100% will go to the Contributor. Net Revenue up to $4 million: 33% will go to the Contributor. Net Revenue $4 million and over: 25% will go to the Contributor.
1990 Policy
Income derived from retained patents shall be distributed as follows:
A. Expenses incurred by the University in preliminary investigations in filing and presenting the application for patent, licensing and in otherwise protecting the patent rights, shall constitute the first charge against any income derived from the patent rights.
B. Forty percent (40%) of the Net Income, in the aggregate, shall be distributed to the inventor. Twenty percent (20%) of the Net Income, in the aggregate, shall be credited in an account for the inventor and be used to support the inventor's research. Ten percent (10%) of the Net Income shall be credited to the Department or Departments in which the inventor serves. Ten percent (10%) of the Net Income shall be credited to the School or Division in which the inventor serves. Twenty percent (20%) of the Net Income shall be credited to a restricted fund to be controlled by the President of the University and disbursed at his direction or the direction of his designee. It is contemplated that these resources will be employed to encourage and assist the development of new patents or for other appropriate and related purposes.