University of Tennessee
We were able to locate detailed royalty sharing information for the University of Tennessee dating as far back as 1938. An email from a representative of the University of Tennessee stated that the school has had 2 iterations of its policy on patent royalty distribution.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Tennessee | 1935 | 2008 | Yes | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| University of Tennessee | 2009 | 2017 | No | 0.70 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | No | Yes |
Policy Excerpts
Current Policy
University of Tennessee Research Foundation Revenue Sharing
For disclosures received on or after July 1, 2008:
The first Five Thousand dollars ($5000) of Revenue attributable to a particular Current Disclosure shall be distributed entirely (100%) to the Originator(s).
The next Nine Hundred Ninety-Five Thousand dollars ($995,000) of Revenue attributable to a Current Disclosure shall be distributed as follows:
- First, to arrive at Net Revenue, UTRF shall deduct from Revenue all Expenses attributable to the Current Disclosure;
- Forty percent (40%) of Net Revenue shall go to the Originator(s);
- Fifteen percent (15%) of Net Revenue shall go to the Originator(s)’ academic department(s);
- Fifteen percent (15%) of Net Revenue shall go to the Originator(s)’ campus(es) / institute(s); and
- Thirty percent (30%) of Net Revenue shall be retained by UTRF.
All further Revenue attributable to a Current Disclosure (that which is in excess of One Million Dollars ($1,000,000)) shall be distributed as follows:
- First, to arrive at Net Revenue, UTRF shall deduct from Revenue all Expenses attributable to the Current Disclosure that have not previously been deducted;
- Thirty-five percent (35%) of Net Revenue shall go to the Originator(s);
- Twenty percent (20%) of Net Revenue shall go to the Originator(s)’ academic department(s);
- Twenty percent (20%) of Net Revenue shall go to the Originator(s)’ campus(es) / institute(s); and
- Twenty-five percent (25%) of Net Revenue shall be retained by UTRF.
1938 Policy
University of Tennessee Research Foundation Revenue Sharing
The University of Tennessee Research Foundation was originally chartered in 1935. From 1935 to 2008, the revenue sharingi policy was to share net, 50% to the Inventor(s) and 50% to UTRC/F.
