The University will be the licensor for University personnel patents and related copyrights when either a licensee has filed the relevant patent application in the name of the University, or the University has elected to file on its own. After recovery of any financial support, direct patent or copyright prosecution, indirect (or overhead) expenses, maintenance, or infringement litigation costs incurred by the University, royalty revenues are distributed in compliance with mutually agreed schedules allowed under these guidelines.
The University’s share of royalty revenues is utilized to support research, and a portion of the cost of contracting with the Technology Transfer Office. Funds may also be set aside to defray legal expenses associated with infringement actions and product liability litigation accruing to University patents and copyrights. All net royalty revenues received by the PASSHE Universities will be devoted to the support of scientific research and education.