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Technology Transfer Revenue Distribution Policy

Policy
Purpose: 

To describe the protocol for distributing revenue as a result of technology transfer.

Policy Statement: 

In accordance with the Regents' Intellectual Property policy, the Distribution Formula will be applied when any revenue is obtained by or on behalf of the University of Kansas from the development or assignment of any patent or from royalties, license fees or other charges based on any patent or copyrightable software. Revenue sharing shall begin only after costs are recouped.

Revenue distribution formula

33 1/3%

Inventor(s)

33 1/3%

KU Center for Research

33 1/3%

Department/Center:
67% retained as Departmental/Center general funds
33% returned to the Inventor to a Research Account designated for the inventor's research expenses. At the discretion of the Chair or Director, more than 33% of the Department/Center share may be returned to the Inventor for Inventor research expenses. Upon resignation or termination of employment of the Inventor from the University of Kansas, this share will revert to Departmental/Center general funds

Founder's equity

Receipt of Founder's equity by an inventor and return of revenue from licensing University of Kansas technology functionally separates the risk of being a founder in the start-up company from the reward of being an inventor. An inventor who participates in founding a company may receive Founder's equity and shall also receive the inventor's share of revenue from licensing University of Kansas technology to that company.

Questions regarding Technology Transfer?
Please refer to the KU Center for Technology Commercialization web site.

Contact: 

Susan MacNally

Director, Research Integrity

785-864-4148

sumac@ku.edu

Approved on: 
Wednesday, October 22, 2008
Effective on: 
Wednesday, October 22, 2008
Review Cycle: 
Annual (As Needed)
Research and Sponsored Projects Category: 
Research and Sponsored Projects

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