Northeastern University
We were able to locate detailed patent royalty sharing information for Northeastern University dating as far back as 1995.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Northeastern University | 1995 | 2017 | Yes | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0 | Yes | Yes |
Policy Excerpts
1995 Policy
Northeastern University Patent Policy
Division of Licensing Fees and Royalty Income: Gross Licensing Fees and Royalty Revenues, hereafter referred to as “royalty,” subject to any deductions as follows, derived from University-sponsored inventions and paid to the University, shall be distributed as follows:
- 30% directly to the Inventor;
- 30% but not in excess of $100,000, divided equally between direct support to the inventor for the inventor’s research and the inventor’s unit to foster research in the unit. If distribution of this 30% is greater than $100,000 per year, the inventor and involved unit head shall negotiate with the Provost or the Provost’s designee regarding the distribution of amounts in excess of $100,000/year between support of the inventor’s research and the unit; and
- 40% to the Provost’s Office and the University’s General Fund. If the invention is joint, then the direct 30% royalty distribution designated for an inventor shall be to the joint inventors as a group, to be divided equally between the inventors, unless the inventors provide the University with an alternative royalty distribution agreed upon by them. If the inventors are associated with different units, the royalty distribution to the units shall be to the units jointly to be divided equally, unless the University is provided with an alternative royalty distribution agreed upon by the heads of the respective units and the Office of the Provost. If the inventor’s employment with the University terminates, the inventor’s share of the distribution for direct support of the faculty member’s research shall be redistributed, 5% to their unit and 10% to the Provost’s Office and the University’s General Fund. In the event a unit ceases to exist, the distribution of the unit’s funds shall be determined by the Vice President/Treasurer upon recommendation of the Provost or the Provost’s designee. The term “unit” as used herein shall include, without limitation, college, department, administrative unit, group, center or institute, the functions of which are separately budgeted.
Prior to any distribution under this Section, the University reserves the right to deduct from gross royalty revenues, at its discretion, at such times and in such amounts as it deems appropriate under the circumstances, costs and expenses associated with litigation and other activities which may be incurred either in obtaining rights to inventions, in marketing inventions, or in enforcing or defending patents filed as a result of University-sponsored inventions.
