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In this tutorial, Stuart Walsh from the Inventors Learning Center discusses patent ownership and the process of assignments that allows for changing ownership. Initially, an invention belongs to the inventor, but once it becomes a patent or patent application, its ownership can be transferred. Patents are considered intellectual property and can change hands for various reasons. Common examples include employees assigning their patents to employers when inventions are made during employment and the employer funds the patent process. Additionally, companies may transfer patents or portfolios of patents as part of their business operations. For more details, viewers are encouraged to subscribe and visit their website.