New Jersey Institute of Technology
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We were able to locate detailed patent royalty sharing information for New Jersey Institute of Technology dating as far back as 1985.
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New Jersey Institute of Technology | 1985 | 2002 | Yes | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0 | No | No |
| New Jersey Institute of Technology | 2003 | 2017 | No | 0.75 | 0.50 | 0.50 | 0.40 | 0.40 | 0.40 | 0.40 | 0 | No | No |
Policy Excerpts
2003 Policy
The inventor(s) shall receive, as personal income, one hundred percent (100%) of the first $5,000 of net proceeds, fifty percent (50%) of the next $95,000 of net proceeds and forty percent (40%) of all net proceeds over $100,000 that are derived from commercialization of the patented inventions/discoveries, including licensing, sale, assignment or consulting income.
1985 Policy
From the net profits received from the sale, license, etc. of the invention, the inventor(s) shall receive 35% thereof.
