Cornell University
Cornell University has revised its patent policy twice since 1991.
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cornell University | 1989 | 1995 | No | 0.50 | 0.35 | 0.25 | 0.15 | 0.15 | 0.15 | 0.15 | 0 | No | No |
| Cornell University | 1996 | 2004 | No | 0.50 | 0.50 | 0.50 | 0.25 | 0.25 | 0.25 | 0.25 | 0 | No | No |
| Cornell University | 2005 | 2017 | Yes | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0 | No | No |
Policy Excerpts
Current Policy
[T]otal net royalty income shall be distributed as follows: One third (33.3%) to the inventor(s).
Cornell Research Foundation shall receive one third (33.3%) of the net royalty income to provide operating funds to cover the cost of service provided to the University with regard to intellectual property matters and particularly to cover the costs associated with patenting and marketing inventions where royalty income or other cost recovery has not been achieved.
Net royalty income shall mean gross royalties received by the University less directly assignable expenses resulting from patenting and licensing the particular invention.
The remaining one third (33.3%) of the net royalty income shall be divided as follows: (a) 60% to the inventor's research budget, subunit and University unit in a manner to be mutually agreed upon; and (b) 40% to the University for general research support.
1995 Policy
[T]otal net royalty income shall be distributed as follows:
- 50% of the first $100,000 to the inventor
- 25% of net royalty income in excess of $100,000 to the inventor
1989 Policy
[T]otal net royalty income is distributed as follows:
- 50% of the first $10,000 to the inventor
- 35% of the next $40,000 to the inventor
- 25% of the next $50,000 to the inventor
- 15% of the net royalty income in excess of $100,000 to the inventor.
