Patenting FAQs – WARF https://www.warf.org Wisconsin Alumni Research Foundation Fri, 03 Feb 2023 15:05:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.warf.org/wp-content/uploads/2020/08/cropped-favicon-32x32.png Patenting FAQs – WARF https://www.warf.org 32 32 How do I know if I’m ready to submit? https://www.warf.org/kb/how-do-i-know-if-im-ready-to-submit-2/ Tue, 18 Aug 2020 17:05:48 +0000 https://www.warf.org/?post_type=kb&p=14825 Read More

]]> It’s never too soon to contact us. We’ll connect with you in an informal, but confidential, discussion about where you are in the tech transfer process and be your resource along the way.

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]]> Do all faculty, staff, and students at UW-Madison or the Morgridge Institute have to submit (disclose) their invention to WARF? https://www.warf.org/kb/do-all-faculty-staff-and-students-at-uw-madison-or-the-morgridge-institute-have-to-submit-disclose-their-invention-to-warf/ Tue, 18 Aug 2020 17:03:08 +0000 https://www.warf.org/?post_type=kb&p=14816 Read More

]]> Yes, university policy and federal statues require all UW-Madison faculty, staff and students to disclose inventions to WARF, regardless of the monies that funded the research. All Morgridge Institute researchers must also disclose to WARF. Part of this process will include an equity review through the university to review awards and contracts that contributed to the discovery.

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]]> What happens after I submit my discovery? https://www.warf.org/kb/what-happens-after-i-submit-my-discovery/ Tue, 18 Aug 2020 18:08:30 +0000 https://www.warf.org/?post_type=kb&p=14853 Read More

]]> Once you submit your discovery to WARF, you’ll meet with our team for an informal, confidential discussion about the details and possible applications. During this disclosure meeting, we’ll have the chance to talk about your discovery’s likely commercial value, categories of licensees, any companies that might have licensing interest and more. Any documents or background information that you’re...

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]]> How does WARF evaluate my invention? https://www.warf.org/kb/how-does-warf-evaluate-my-invention/ Tue, 18 Aug 2020 17:07:03 +0000 https://www.warf.org/?post_type=kb&p=14830 Read More

]]> WARF’s internal decision committee assess inventions based on many factors, including: We try to make our decisions very quickly because we don’t want patenting to interfere with efforts to publish work. Our team evaluates discoveries on a monthly basis and will be in touch as soon as a decision is made on whether or not to move forward.

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]]> Who pays the legal costs and fees to secure the patent? https://www.warf.org/kb/who-pays-the-legal-costs-and-fees-to-secure-the-patent/ Mon, 17 Aug 2020 21:39:58 +0000 https://www.warf.org/?post_type=kb&p=14743 Read More

]]> WARF covers all the costs and legal fees for inventions that we accept.

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]]> How expensive are patents? https://www.warf.org/kb/how-expensive-are-patents/ Tue, 18 Aug 2020 18:12:35 +0000 https://www.warf.org/?post_type=kb&p=14855 Read More

]]> patents typically cost $20,000 to $40,000. If you add an international portfolio of about 10 patents, that might add more than $100,000 to this cost.

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]]> What financial compensation will I receive for my invention? https://www.warf.org/kb/what-financial-compensation-will-i-receive-for-my-invention/ Tue, 18 Aug 2020 17:08:38 +0000 https://www.warf.org/?post_type=kb&p=14837 Read More

]]> WARF pays the inventor group 20% of royalty income. WARF shares the royalty income with the inventors without deducting its significant costs in preparing, filing, and managing patent applications on the invention. You may also use this form to designate your future royalty income to any beneficiaries for estate planning purposes.

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]]> What does WARF do with the rest of the royalty income? https://www.warf.org/kb/what-does-warf-do-with-the-rest-of-the-royalty-income/ Tue, 18 Aug 2020 18:13:35 +0000 https://www.warf.org/?post_type=kb&p=14857 Read More

]]> Your department receives 15% of the royalties from your invention. After expenses, WARF puts the remaining royalty income in its investment portfolio, where it can benefit the university in perpetuity by generating a stream of income. These funds are then used to provide WARF’s annual grant to the university.

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]]> What qualifies as an innovation to disclose to WARF? https://www.warf.org/kb/what-qualifies-as-an-innovation-to-disclose-to-warf/ Tue, 18 Aug 2020 17:02:35 +0000 https://www.warf.org/?post_type=kb&p=14814 Read More

]]> Your discovery of any new process, composition or device, or an improvement to an existing process, composition or device, may be defined as an invention. In addition, WARF also has expertise in managing other types of innovations. Examples of inventions: If you’re still not sure if your discovery is protect-able by a patent or other means, or if you don’t know what applications it could have...

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]]> Are faculty, staff and students required to assign inventions or intellectual property rights to WARF? https://www.warf.org/kb/are-faculty-staff-and-students-required-to-assign-inventions-or-intellectual-property-rights-to-warf/ Tue, 18 Aug 2020 17:03:32 +0000 https://www.warf.org/?post_type=kb&p=14818 Read More

]]> No, UW-Madison faculty, staff and students are not obligated to assign their intellectual property to WARF unless required by federal law or the terms of a UW contract with a third party. Depending on the equity review findings (i.e. no federal funding used), it might be up to you whether or not you want to assign IP rights to WARF and work with us on patenting.

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