Division of Net Royalty and Proceeds: Difference between revisions

Division of Net Royalty and Proceeds (view source)

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 :* Earmarking net proceeds as may be distributed to academic/administrative units to be used for research beneficial to technology development.<br /><br />
 :* Allocating any net non-inventor proceeds to UNMC accounts for use in furthering translational research or otherwise furthering the objectives of technology and economic development. This includes those net non-inventor proceeds not distributed to academic/administrative units.<br /><br />
-:* The allocation and/or earmarking of net non-inventor proceeds not to be distributed to any academic/administrative units shall take the form of a recommendation made to the UNMC Research Resources Board or its functional equivalent. The Research Resources Board shall then confirm or redirect the nonunit distribution and report the final recommendation to UNMC’s Chancellor before such proceeds are made available.<br /><br />
+:* The allocation and/or earmarking of net non-inventor proceeds not to be distributed to any academic/administrative units shall take the form of a recommendation made to the UNMC Research Resources Board or its functional equivalent. The Research Resources Board shall then confirm or redirect the non-unit distribution and report the final recommendation to UNMC’s Chancellor before such proceeds are made available.<br /><br />
 * Other Responsibilities<br /><br />
 :* Performing other responsibilities within the scope of RP- 4.4.2, Section 5(b).<br /><br />