Creighton University

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Creighton University has maintained a standard patent policy from 1996 to present day as confirmed by an email from the University's tech transfer office.

Summary

Institution Start End Flat $0-10k $10-50k $50-100k $100-300k $300-500k $0.5-1M >$1M Fee Lab More
Creighton University 1996 2017 Yes 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.15 No No

Policy Excerpts

Current Policy

Creighton University IP Policies and Procedures

All income received from royalties and/or licensing or sale of any intellectual property not excluded by this Policy, by the University, or by the developer of the intellectual property, regardless of ownership, shall be distributed successively as follows:

  1. Directly assignable expenses, outside of the University and/or the developer, for applications for and securing of protection, or for licensing.
  2. A 15% technology transfer fee for developments administered by the Office of Technology Transfer.
  3. Payments of contractually required amounts to sponsors or other institutions participating in the development of the Intellectual Property.
  4. Payment to the developer(s), split according to their degrees of involvement, of 50% of the net return (total minus 1., 2., and 3.).
  5. Payment to the University of 25% of the net return (total minus 1., 2., and 3.).
  6. Payment to the University School(s), split according to their degrees of involvement, in which the developer(s) is appointed, of 12.5% of the net return (total minus 1., 2., and 3.).
  7. Payment to the University Department(s), split according to their degrees of involvement, in which the developer(s) is appointed, of 12.5% of the net return (total minus 1., 2., and 3.).

Relevant Links