The Syracuse University Faculty Manual Section 3.23 – Ownership and Management of Intellectual Property provides broad guidelines for royalty income distributions on net revenue* received from licensed university-owned intellectual property. Below is the University’s standard distribution for net revenue received on licenses:
- 42.5% – to the Inventor(s)
- 42.5% – to the University (21.25% to the school/college of the inventor(s)**; 21.25% to the Office of Research)
- 15% – to the Office of Technology Transfer
*Net revenue is defined as gross revenue less the costs and expenses incurred related to securing legal protection, marketing, licensing, and other expenses associated with the technology.
**In the case when the inventor(s) have their primary faculty affiliations within a single school/college, the distribution of the portion assigned will be at the discretion of the relevant Dean. In cases where the research involves inventors from more than one school or college, the Vice President for Research shall determine the distribution between schools/colleges.