Intellectual Property Policy


The university revised the Intellectual Property Policy effective February, 2004. The Current Policy applies to intellectual property disclosed to OTL starting in February, 2004. The Old Policy, effective January 1, 1990, applies to intellectual property disclosed to OTL from January, 1990 until February, 2004.

Royalties & Revenue

Distribution of Net Revenue
(after deduction of all out-of-pocket expenses)

  Old Policy Current Policy
Inventors 40% 40%
Departments, programs, centers 20% 15%
Provost’s Fund 20% 15%
General Fund 20% 15%
OTL 0% 15%