The U-M Technology Transfer Policy establishes rules for distributing revenues. The procedure by which revenues are distributed among a set of inventors and the associated departments and schools is defined in our Revenue Distribution Plan.
The receipt of licensing revenues has tax implications for recipients, for example income tax obligations and tax issues to consider before redirecting inventor revenues to a U-M unit. More information is described here. [More]
Printed from: http://techtransfer.umich.edu/resources/inventors/royalties.php