How does Rensselaer distribute royalties?
Rensselaer distributes the proceeds of licensing according to Section 4.7 of the Intellectual Property Policy. After direct expenses on the licensed IP are recovered (such as patent prosecution costs or maintenance costs or specific marketing costs directly attributable to the licensed IP), the adjusted royalty income is distributed by the following formula: 35% to inventor(s), 15% to the center/department where the work was done, and 50% to the university. The university’s Office of Technology Commercialization is responsible for the distribution of the adjusted royalty income.
