• Credit: Nick Parziale

Royalties

It is customary for Caltech to receive monetary compensation from licensees (e.g., licensing fees, milestone payments, royalty payments and/or equity) in consideration of granting a license. Caltech shares this income with inventors in accordance with the Caltech patent and royalty sharing policy, providing appropriate recognition and rewards for their work and ingenuity.

In addition to the intellectual and personal satisfaction and personal financial rewards that come with seeing your inventions licensed to industry for commercial development, a licensing agreement may also be coupled with funding for the continuation of your research.