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Term

 Net Income

Definition
As defined in the APSCUF CBA, is the total income generated by the licensing, sale, distribution or commercialization of an invention, less the direct and indirect expenses incurred by the University for:
  • Substantial use of University resources/support/facilities.
  • The sale or licensing of the invention.
  • The production, development, maintenance, and distribution of the patent or copyright and/or invention.
  • Litigation and other steps to obtain, maintain, enforce or defend patent or copyright.
 
 

Attachments

Created at 1/25/2010 9:07 AM by Fetrow, John
Last modified at 11/12/2012 9:37 AM by Pfister, Eric