Ownership & the Patent Process
University patent and copyright policies specify that Yale owns with some exceptions the intellectual property rights that result from research conducted at Yale. Faculty members are required to sign the Patent Policy Agreement acknowledging their understanding and promising to abide by the patent policy as a condition of applying for grants.
If Yale elects not to pursue development of an invention, it is offered back to the inventors. If the inventors take ownership of the invention, they accept all financial and managerial responsibilities for patenting and commercial development.
Understanding Shared Royalties
The patent policy specifies that royalties derived from a Yale invention are shared between Yale and the inventors according to the following table:
|Cumulative Royalty Income||<$100,000||>100,000||<200,000|
|Yale/Inventors||50% / 50%||60% / 40%||70% / 30%|
Royalties from inventions which Yale has returned to the inventors are shared 30% to Yale and 70% to the inventors. Royalties on copyrights owned by Yale are treated the same way as patent royalties.
For more detailed information about tech transfer, intellectual property, patenting, licensing, disclosures and royalties, check out our FAQs.