Rutgers the State University of NJ

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Revision as of 17:43, 30 March 2019 by LoriD (talk | contribs) (1996 Policy)
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We were able to locate detailed patent royalty sharing information for Rutgers dating as far back as 1996. The royalty rates have remained unchanged since then.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Rutgers the State University of NJ 1996 2017 No 0.63 0.25 0.28 0.28 0.28 0.28 0.28 0 No No

Policy Excerpts

1996 Policy

Rutgers Patent Policy (2013)

An email from a representative of Rutgers stated that the update to the University's 2013 policy did not change the royalty rates set in the 1996 policy.

Distribute the first $5,000 of Gross Income to the inventor. Then, deduct expenses directly assignable to the specific patent and are not paid by a licensee to arrive at Net Income.

Distribute Net Income as indicated below:

First $100,000 Above $100,000
Inventor 25% 28%
University/OCLTT 25% 32%
Research Unit 40% 30%
Department 10% 5%
Dean/Director - 5%

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