Scientists at Oak Ridge National Laboratory and four other DOE facilities operated by Martin Marietta Energy Systems in Tennessee, Ohio, and Kentucky will get higher royalties under a new policy adopted by the government contractor. Martin Marietta will now give inventors of licensed technology 15 percent of gross royalty receipts, up from 10 percent under the old policy, and those who invented or supported unlicensed technology will get 5 percent of gross royalties from all licenses, up from the current 4 percent. The new policy also removes a $100,000 cap per license. Nearly 100 employees have received a total of $200,000 since the program was begun in 1984, says William Carpenter, the company's vice president for technology transfer, and Martin Marietta has received $1.3 million in royalties on some 49 licenses. "Nobody's reached the limit [on potential royalty earnings]," says Carpenter, "but it's nice to know that we've helped ...
Notebook
Martin Marietta Boosts Royalty Split SSC Magnets Attract Criticism PBS Series Looks At Astronomers Chips In The Edifice Of Science NSF Cleans Up Its Antarctic Act Scientists at Oak Ridge National Laboratory and four other DOE facilities operated by Martin Marietta Energy Systems in Tennessee, Ohio, and Kentucky will get higher royalties under a new policy adopted by the government contractor. Martin Marietta will now give inventors of licensed technology 15 percent of gross royalty recei
