University of Maryland College Park
We were able to locate detailed royalty sharing information for the University of Maryland dating as far back as 1991. Since then, the royalty sharing arrangement has been modified twice, once on July 1, 2002, and the second on January 10, 2018.
The University of Maryland College Park follows the University of System Maryland (USM) IP Policy, which allows each campus to create their own as long as it is in line with the USM Policy. College Park is the only campus to create its own standalone IP policy (effective in 2018).
Contents
Summary
| Institution | Start | End | Flat | $0-10k | $10-50k | $50-100k | $100-300k | $300-500k | $0.5-1M | >$1M | Fee | Lab | More |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| University of Maryland College Park | 1991 | 2002 | No | 0.75 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0 | No | No |
| University of Maryland College Park | 2003 | 2017 | No | 0.60 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.3 | No | Yes |
Policy Excerpts
2018 Policy
University of Maryland Intellectual Property Policy (2018)
The University will distribute Net Revenue as follows:
1. Fifty percent (50%) to the Creators; and
2. Twenty-five percent (25%) to the Creators’ department or unit; and
3. Twenty-five percent (25%) to the OTC or as otherwise designated by the Vice President for Research.
2003 Policy
University of Maryland Policy on Patents (2003)
The first payment from Revenue shall be made to the creator/inventor. Ten percent (10%) of the Revenue received each fiscal year shall be distributed to the creator/inventor until the cumulative total reaches the limit set pursuant to this Section that was in effect during the fiscal year in which the University first received Revenue from the copyright. The limit in fiscal year 2003 is $10,000.
[T]hirty percent (30%) of the Revenue received each fiscal year shall be distributed to the University to cover the general cost of developing, obtaining, managing, and defending the Intellectual Property.
Up to sixty percent (60%) of the Revenue received during a fiscal year shall be applied to reimburse the University any specific, incremental expenses it has incurred to obtain, maintain, defend, develop, market, and/or license the Intellectual Property.
Fifty percent (50%) of the Net Revenue received each fiscal year by the University shall be distributed to the creator/inventor.
1991 Policy
University of Maryland Policy on Patents (1991)
The revenues (net, if applicable per the preceding paragraph), which are received from a patent or invention, will be applied first to reimburse the University System Administration or constituent institution for any specific, incremental expenses incurred by it in obtaining and maintaining the patent and in marketing, licensing and defending the patent or licensable invention. After provision for such expenses, such revenues shall be shared as follows: (1) the first $5,000 will be paid to the inventor or inventors: (2) thereafter the inventor(s) will receive fifty percent of such revenues.
