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This royalty is for an invention I created along with a few other people at a University. Since we were university employees at the time (and I still am), the university owns the patent. But the university recognizes that I was one one of the intellectual creators of the IP, by paying me (and others) royalty payments (since the IP is being licensed by a company, and they are making a profit with the IP).
‎April 11, 2022
8:53 AM