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Previous AE coverage
of these issues:
www.emory.edu/
ACAD_EXCHANGE/1999/
decjan00/ideas.html
Money
Changes Everything
Commerce, philanthropy, and the culture of
the academy
"We
should be more creative in thinking about how we reward people for
what they've done."
Rich Rothenberg, Professor
of Family and Preventive Medicine
"If
I'm going to accept [the Sloan Foundation's] money in good faith,
I have to minimally carry out their agenda."
Bradd Shore, Professor
of Anthropology
University,
Inc.
License income, patents, start-ups, and research expenditures for
a selection of eleven institutions
Who
sees the money?
Emory's recently revised intellectual property ownership policy
Return
to Contents
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Last May, Emory adopted a newly revised
policy on the ownership of intellectual property developed at
Emory and the disbursal of revenues from their marketing. According
to the earlier policy, 40 percent of the net income went to the
inventor, 20 percent to support the inventors research,
and the remaining 40 percent went back to the university for research
and education. The new policy is a much more complex affair, reflecting
the increased pressure on institutions to generate income from
inventions developed within their walls. The chart below shows
how funds are now distributed.
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Gross Revenue up
to $25,000
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Net Revenue up
to
$4 million
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Net Revenue
$4 million and over
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100 percent
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33 percent
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25 percent
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Department Share
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0 percent
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33 percent
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33 percent
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School/Center Share
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0 percent
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10 percent
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17 percent
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President's/General University Share
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0 percent
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24 percent
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25 percent
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For more information and to read
the entire policy, visit www.emory.edu/PROVOST/policy_bylaws/IP_policy.htm
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