• Home
  • KUMC Technology Transfer Revenue Distribution Policy

KUMC Technology Transfer Revenue Distribution Policy

Policy
Purpose: 

To describe the revenue distribution protocol for technology transfer.

Applies to: 

All KUMC faculty and staff inventors, departments of inventors, and the KU Medical Center Research Institute, Inc.

Campus: 
Medical Center, Kansas City
Wichita
Salina
Policy Statement: 

In accordance with the Kansas Board of 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.

KUMCRI will establish an account for each technology. All revenue and expenditures will be recorded. All net revenue will be distributed by the RI to the parties of interest.

The following is the distribution formula:

33 1/3%

INVENTOR(S)

33 1/3%

KU CENTER FOR RESEARCH (KUCR) */KUMC RESEARCH INSTITUTE (KUMCRI)

33 1/3%

DEPARTMENT/CENTER:

 

67% retained as Departmental/Center general funds

33% returned to the Inventor in 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.

Contact: 

Vice Chancellor for Research 913-588-1698

Approved by: 
Vice Chancellor for Research
Approved on: 
Wednesday, April 17, 2002
Effective on: 
Wednesday, April 17, 2002
Review Cycle: 
Annual (As Needed)
Keywords: 
invention, revenue from research
Review, Approval & Change History: 

09-09-2016 moved into library, removed outdated background

Research and Sponsored Projects Category: 
Research and Sponsored Projects

Can't Find What You're Looking For?
Policy Library Search
KU Today
One of 34 U.S. public institutions in the prestigious Association of American Universities
44 nationally ranked graduate programs.
—U.S. News & World Report
Top 50 nationwide for size of library collection.
—ALA
23rd nationwide for service to veterans —"Best for Vets," Military Times