Florida State University
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A 2015 email from a member of the Florida State University Office of the General Counsel confirmed that royalty sharing policies had been the same at least as far back as 1990.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Florida State University | 1990 | 2017 | No | 0.85 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | No | Yes |
Policy Excerpts
Current Policy
As summarized by email (and reflected in the above policies), income from patents is distributed as follows:
$500 to the inventor(s) when a patent issues
Royalty payments for the first $10,000 in income received:
- 85% to the inventor(s)
- 15% to the University
After the first $10,000 has been received, net income (gross royalties less direct costs of patenting, licensing, legal and other related expenses) are divided as follows:
- 40% to inventor(s)
- 30% to the department or unit (or both) of which the inventor is a member
- 30% to the University
