George Mason University
George Mason University has maintained its patent policy since 1997.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| George Mason University | 1997 | 2017 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
Policy Excerpts
1997 Policy
Net income is distributed as follows:
i. Inventor. The inventor (or inventors), and any person designated by the inventor, receives fifty percent of net income. These persons receive their shares irrespective of any change in their employment. If any of these persons dies, his or her share goes to his or her estate. If the university commercializes an invention and the license provides for an option regarding future inventions by unknown inventors, the inventor’s share of net income attributable to that option is distributed to the research group that is conducting research related to the field of use of the licensed invention. The university may seek the advice of the Intellectual Property Committee in identifying the appropriate research group.
ii. Inventor’s employing unit. The school, college, institute, or equivalent non-academic unit in which the inventor holds an appointment at the time the invention is made receives ten percent of net income, irrespective of any change in the inventor’s assignment within the university or any change in his or her employment. If the inventor holds an appointment in more than one unit, the unit’s share is distributed in proportion to the inventor’s percentage appointment, as expressed in his or her letter of appointment.
