FSU Patent Update

 

Florida State University is ranked among the top 50 universities worldwide for producing patented technologies, according to a new report from the National Academy of Inventors and the Intellectual Property Owners Association. ⚡️💡#FSUDay pic.twitter.com/syXqxVk4IL

— Florida State University (@floridastate) March 31, 2021

FSU Patents

Patents

When a U.S. patent is issued on an invention assigned to the University, the inventor(s) will receive a $500 payment. Royalties or other income resulting from inventions in which the University takes title will be distributed as follows: 85 percent to inventor(s) for the first $10,000; 15 percent to University.

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Once the $10,000 plateau has been reached, net income (gross royalties minus direct costs of patenting, licensing, legal, and other related expenses) will be divided as follows: For net income in excess of $10,000: 40 percent to inventor(s), 30 percent to dept. or unit or both, which inventor is member; 30 percent to University. 

 

Copyrights

Royalties or other income resulting from copyrighted work in which the University takes title will be distributed as follows: 

• 50% to Author(s)   
• 50% to University to be divided as follows:       
  • 25% to FSU Research Foundation
  • 25% to the Author(s) Academic Unit(s)