Licensing income received from a technology license is distributed among inventor(s) and the appropriate areas within LSU, as stated in Permanent Memorandum 64 and Policy Statement 77. After reimbursement of LSU's patent and legal expenses, distributable income is allocated as follows for the LSU BATON ROUGE CAMPUS (other campuses have slightly different royalty distributions):
17% Inventor(s)' department(s)
10% Office of the President
5% Inventor(s)’ college(s)
3% Inventor(s)' campus
25% Office of Research and Economic Development
When an invention has two or more inventors, the inventors’ share of royalties is distributed among the co-inventors in a mutually agreed to proportion.