Royalty Sharing
Revenue from licensing may be shared by:
- Authors
- Departments
- Provost
The UW
Copyright Policy and the Administrative
Policy Statements on License Revenue provide for royalties to be shared
in the licensing or sale of certain works created at the University of Washington.
No Royalties Shared
Royalties are not paid on works in the "University-owned"
category, and are not paid on works transferred between UW units
for an incremental charge.
Royalties Shared
The UW may share royalties with authors when works are used by external parties
under UW TechTransfer license and the works are considered to be "University-Sponsored."
Recovery of Incremental Costs
Incremental costs incurred by the UW may be recovered prior to any royalty distribution.
UW developers may develop a "project budget" which directs all or
some of the licensing revenue to the project, provided appropriate approval
has been granted.
Royalty Sharing
For "University-sponsored" revenue disclosed on or after July 1,
2003
| Net Royalties,
Equity, and License Fees |
Inventors, Authors |
Inventor's/ Author's Department/College |
University Research
Funds |
| 1/3 |
1/3 |
1/3 |
For more information, see the Administrative
Policy Statements on License Revenue.
|
