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Commonly Asked Questions about Intellectual Property Assignments

It is necessary to use a written agreement for an assignment of certain types of IP (such as copyright) to be effective. Further, it is important to ensure that the agreement is an enforceable contract. For the contract to be enforceable there must be some form of consideration paid in exchange for the IP.
In this post, we will explain the basics of the most common types of intellectual property copyrights, moral rights, trademarks, patents, and trade secrets.
The four main types of intellectual property are patents, trademarks, copyrights, and trade secrets.
I agree that I will promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my rights, title, and interest in and to any and all inventions, original works of authorship, developments, concepts,
The key difference between a license and an assignment is that an assignment transfers rights away from the original copyright or patent holder. Whereas the licensor retains ownership of the intellectual property rights, the assignor gives up the rights entirely.
There are four main types of intellectual property rights, including patents, trademarks, copyrights, and trade secrets.
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.