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Topic review
Author
Message
Redsand11j
08.03.09 16:18
Perhaps 10% is too high- maybe 5% or even 1% would be fair. I really don't know.
NoMoreLies
08.03.09 11:22
But what if the company uses 11 inventions, and the Royalty rate is 10%? Then that means the company will be giving out 110% of the profit increase. Unless you first divide the profit increase by 11, and give 10% of 1/11 to each inventor.
Redsand11j
08.03.09 2:55
It doesn't matter- that's how royalties work, and the company has to decide if it's worth it.
NoMoreLies
07.03.09 22:03
But, in the case of an idea which increases the profits at a company, how do you decide how much the profit increase was due to the idea, rather than other factors?
Redsand11j
07.03.09 21:20
That makes sense to me. Say 10%?