Precision in Patent Distributions:

51°µÍø’s and Inventor’s Shares​

How prosecution expenses and any net benefits (income) are to be divided must be defined before expenses or income are generated. First consideration is the division between 51°µÍø and another University (or other Universities). The division between 51°µÍø and its faculty inventors is set by 51°µÍø IP Policy.​


INTER-INSTITUTIONAL DISTRIBUTION

The Inter-Institutional Agreement (IIA) defines the split between 51°µÍø and another institution. Although the percentages and responsibilities associated are negotiated with the other institution independently for each IIA, the common topics are the division of expenses and royalty income from licensing the invention.

 

Flow Chart: Collaborative research? No (Follow 51°µÍø IP Policy > Recoup Expenses > Distribute 40% to investor > redistribute investor's share x 40%) if Yes, Create IIA and assume 50% split > 50% expense or income to collaborator > Follow Institution IP Policy )

If the research is Collaborative, it is very important to establish the distribution and responsibilities first through the IIA.

If there is no collaborating institution, the expense reimbursements and royalties are distributed according to 51°µÍø’s IP Policy found in Section 10.16-21.

The portion of a royalty payment shared with the inventor(s) is distributed according to the Distribution Percentages as found in the percentage distribution for each patent in Sophia.

51°µÍø’s INVENTOR DISTRIBUTION

The 51°µÍø IP Policy, Section 10.16-21, has the following Inventor Distribution matrix.

 

$0-100K $100-500K Above $500K
Inventor(s) as personal property 40% 35% 30%
University: 60% 65% 70%
Recovery of Overhead 10% 10% 10%
Office of the Dean of Research 20% 25% 30%
Office of the Dean of the College or School originating the Patent 20% 20% 20%
Inventor(s) responsible for Patent (for Lab) 10% 10% 10%

 

The Inventor(s) as Personal Property means the percentage of the royalty directly paid the inventor(s).  This percentage changes depending on the amount of the Royalty.

The Inventor(s) responsible for Patent also receive 10% for lab expenditures.