Purdue University

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We were able to find detailed patent royalty sharing information for Purdue University dating as far back as 1973. The inventor's royalty share has 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
Purdue University 1973 2017 Yes 0.33 0.33 0.33 0.33 0.33 0.33 0.33 0.25 No No

Policy Excerpts

Current Policy

Purdue Procedures for Disclosure, Assignment and Commercialization of IP (2015)

In most instances, Net Proceeds will be distributed as follows:

  • One-third to the department or administrative unit(s) from which the underlying Purdue Intellectual Property originated, with due consideration of appropriate requests for sub-allocations to particular centers and research units.
  • One-third to the Trask Fund to support its research and development programs.
  • One-third to University researchers who are verified legally as the creators of the Purdue Intellectual Property. Unless all of the verified creators agree in writing otherwise and among themselves, distributions to the verified creators will in most instances be divided per capita.

Relevant Links