Intellectual Property Policy

March 5, 2021

The Intellectual Property Policy (BU-PP 721) addresses how Baylor University responds to an invention, how the intellectual property (IP) is managed, and how revenue shares generated from IP are distributed within the University. A revision of this policy, last addressed in 2005, was necessary given an increase in intellectual property and commercialization opportunities within Baylor over the last few years. This trend is expected to continue as Baylor continues its rise towards R1 status.

Of the changes made to this policy, the most significant are related to the share and distribution of IP revenues. The changes include adjusting the distribution percentages to be more in-line with R1 institutions (see below) which includes new allocations for Technology Transfer functions and Deans. Additionally, the revised policy expands options for accepting IP originating from outside the university (subject to all proper due diligence) and increases flexibility for voluntary sharing of IP revenue. Other minor changes address current standards in case-law, clarifications, technical corrections, and tonal adjustments.