Boston University
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Boston University has maintained the same royalty division policy since 1991. The University currently allocates 1/3 of patent income to the developers.
Summary
Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Boston University | 1991 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0 | No | No |
Policy Excerpts
Current Policy
The University and any faculty or student inventor or author will divide the net proceeds (gross proceeds less the University’s costs for such activities as obtaining intellectual property protection/registration, production, marketing, distribution, litigation, etc.) from the sale or licensing of patents or copyrights as follows:
Division of net proceeds:
- 1. To the inventor/author: 1/3
- 2. To the University: 1/3
- 3. Equally to the academic units who supply the intellectual home and research support for the faculty member: 1/3. In many cases, this portion is divided between the academic school/college and an all-University laboratory/center. If the laboratory is totally embedded in a school/college, then the funding goes to the school/college.