How is equity from a license distributed?
When University equity is liquidated the resulting funds are distributed in accordance with the RDP and University Policy.
REINVESTMENT AND RELATIONSHIPS
Every year, OTC, working with our Duke inventors and business partners:
Assists with approximately 300 invention disclosures
Negotiates over 75 option and license agreements
Assists in forming 6-10 new business start-ups
This activity generates millions of dollars in annual revenues which are shared among Duke schools and colleges, departments and units, labs, inventors and partnering institutions. These revenues are reinvested in additional research and education, thus fostering the creation of the next generation of research, researchers and entrepreneurs.
In addition, the resultant relationships created and deepened with these activities support our University missions. They result in additional research projects, broader educational opportunities and collaborative investments, and an enhanced ability to create, retain and share valuable resources that contribute to our quality of life.