University of Virginia

We were able to locate detailed royalty sharing information for the University of Virginia dating as far back as 1993. In that time, the University has had three iterations of its policy.

Summary

Institution	Start	End	Flat	$0-10k	$10-50k	$50-100k	$100-300k	$300-500k	$0.5-1M	>$1M	Fee	Lab	More
University of Virginia	1993	1996	Yes	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0	Yes	Yes
University of Virginia	1997	2011	No	0.50	0.50	0.50	0.30	0.25	0.25	0.15	0	Yes	No
University of Virginia	2012	2015	Yes	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0	Yes	No

Policy Excerpts

2012 Policy

UVA Distribution of Innovation Revenues

Innovation Revenue Distribution Formula

• 35% Innovators
• 10% Innovators' Research Support
• 10% Innovators' Departments
• 35% UVA Innovation & Scholarly Activities Fund

1997 Policy

UVA Patent Policy (2000)

The distribution formula (amended April 1, 1997) is as follows:

Total Income	Patent Foundation	Inventor	Inventor(s) Research	School(s)	Scholarly Activities Fund
$0-$99,999	42.5%	50%	7.5%	-	-
$100,000-$299,999	42.5%	30%	20%	7.5%	-
$300,000-$999,999	40%	25%	15%	10%	10%
>$1,000,000	40%	15%	15%	20%	10%

1993 Policy

UVA Patent Policy (1992)

In general, the inventor(s) will receive from any product of University research fifteen percent of the gross royalties, license fees, or other income which accrues. The inventor(s) may elect to have any part of this amount assigned to the University for support of research by the inventor(s). This provision will continue as long as income is received from the project, and it will be continued according to law in the event of the death of the inventor(s).

Relevant Links

• UVA Licensing & Ventures Group
• UVA Distribution of Innovation Revenues
• UVA Patent Policy (2000)
• UVA Patent Policy (1992)