INTELLECTUAL PROPERTY
35.53
NEW 10-86
Intellectual Property Administration
335-5526
WSURF
The Washington State University Research Foundation (WSURF) administers development of University inventions (see also 35.50). WSURF distributes royalties and other payments to University units and inventors as follows:
Payment to Inventor
Payment to inventor upon filing the patent application (incentive for preparing the application).
University-Owned Invention
The inventor receives a payment of $500.
Partially Owned by the University
The inventor receives a sum equal to $500 multiplied by the percentage of
the University's interest.
Example: 25% x $500 = $125
ADMINISTRATIVE CHARGE
WSURF-Administered Property
WSURF retains 40 percent of the total amount received to pay administrative costs.
Administered by Other Development Organizations
WSURF retains five percent of the total amount received.
ROYALTY PAYMENTS
WSURF distributes royalty income (less administrative charges) according to the following schedule:
Cumulative
(e.g., Net Income)Inventor
WSU Research Foundation
Unit (e.g., Department)
$1-$10,000 100%
0%
0%
$10,000-$40,000 50%
20%
30%
Above $40,000 30%
35%
35%
In the case of multiple inventors, the cumulative net royalty income is distributed equally unless an unequal distribution is specified in writing.
Royalty income allocated to inventors is considered personal income.