How much does it cost to license a KU technology?
Licensing a KU technology typically involves three expenses: a license fee, patent costs and royalties. The license fee and the patent reimbursement costs are due after the agreement is executed, while royalties are due when a product is commercialized and sold. Because each technology has a different market value, the exact dollar amounts of these costs are negotiated with the Director of KUCTC. The cost of an option and/or royalty rates are normally negotiated at the time of licensing. If federal funds contribute to a project, federal laws govern some rights on the use of project-specific intellectual property.