The policy of the Georgia Health Sciences
University is that inventors should share in the income realized
from the commercialization of the intellectual property that they
developed.
The precise split of net income (gross income less any
direct legal and administrative costs) depends on the nature of GHSU’s role and
the type of invention. However, as a general
rule, most patents and copyrights associated with GHSU assisted or
sponsor-supported inventions will be as follows:
| Inventor(s) | 35% |
| MCG | 35% |
| Dept. or Div. | 10% |
| MCGRI | 20% |
Income collected by OTTED is turned over to the Medical College of Georgia Research Institute (MCGRI) for accounting and distribution, inasmuch as MCGRI is the owner or “assignee” of patents and copyrights from this institution.
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