Stage | method of performance |
---|---|
Royalty |
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Register Royalty Collection Request Form | Royalty Distribution Allocation Request from the researcher and review the inventor’s allocation rate, payment information, and etc. |
Royalty Distribution(Step 1) |
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Royalty Distribution (Step 2) | If there is a technology transfer mediation company or an exclusive institution for business management, the mediation commission or payment to the exclusive institution for business management shall be paid as stipulated in the contract. |
Royalty Distribution (Step 3) |
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When will the technology incentive fee distributed?
The technology incentive fee will be deposited within 1 month of the time the inventor has submitted the original Incentive Deposit Request Form to the Technology Commercialization Center.
What about the tax levied on the Royalty incentive?
The taxation method varies depending on if the inventor was a KAIST employee (professor, employee) at the time of the invention (related tax rates change frequently and therefore are not listed).