Hi all,
I seek your input as we are just starting a NSF I-Corps site at American University and are dealing with our first student-led patents (with faculty) from these efforts. I already have a dropbox of tech transfer policies from many universities, but they do not always address revenues vs equity. I am happy to share the compilation of answers to these questions as well as the dropbox of tech transfer policies with the list-serve once I gather responses:
Questions: If faculty and students are named on a patent, how does your university handle potential revenue? For example, does your university set revenue percentages for certain dollar amounts? Are these negotiable on a case-by-case basis? Does your university insist on a revenue payout immediately after first sales, or only once the venture becomes profitable? (That is, your university allows ventures to invest the revenues.)
Thanks so much!
Kind regards,
Siri
Siri A. Terjesen, PhD
Director, AU Center for Innovation (AUCI)
Dean's Research Fellow & Associate Professor, Management Department
Kogod School of Business, American University
Office: 202-885-1921; Myers 235
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