Three steps to disclose your invention:
Inventors receive a share of the Royalties or other income resulting from their inventions
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.
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.
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)
FSU IP Policy is contained in the Faculty Handbook, section 6.19. See below for further reading about the commercialization process at FSU:
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