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How to Save Inventions Agreement in PPR

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In this video, patent lawyer Elias Borges explains how a simple notebook can help inventors protect their inventions and secure patent rights while avoiding legal issues. He recounts a case from his 32 years of experience where a client faced a lengthy and costly legal dispute regarding the true inventor of a patent. The situation involved a joint venture, but the lack of documentation validating that the client’s employee was the actual inventor led to their loss in court. Borges emphasizes the importance of maintaining proper documentation to prevent similar disputes and encourages viewers to subscribe for further insights.

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What does you have executed a confidentiality and invention assignment agreement mean?

A Confidential Information and Invention Assignment Agreement is an agreement between a company and its employees, contractors, consultants, and business partners. It details how a companys confidential information and intellectual property is to be handled.

What is an example of an invention agreement?

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 of my right, title and interest in and to any and all Company Inventions throughout the world, including all copyrights,

Who owns the IP in a work product created by an employee?

As a general rule, an employer will own the intellectual property created by its employees in the course of their employment. However, intellectual property that is created by an employee, other than in the course of employment, is owned by the employee, not the employer.

Who has the rights to an invention?

You as the inventor and patent holder retain your patent rights to issue licenses and sell the patent to third parties. However, even if you sell the patent, your employer may retain its shop rights to the patent. Independent contractors are also included in consideration of an employers rights to a patent.

Does my employer own my inventions?

While not always cut and dried, intellectual property created within the workplace context is typically deemed to belong to the employer, not the employee, even though the employee is the creator or inventor of the work in question.

What does inventions mean in offer letter?

An inventions assignment agreement is a typical feature of an independent contractor or employee agreement where the worker agrees to assign any intellectual property rights arising from the workers services to the company.

Who owns employee work product?

Under the law, the general rule is that the copyright in and to the work product of an individual employee or independent contractor is owned by that individual unless an exception applies. The Work for Hire doctrine is an exception to such rule.

Who owns the inventions of an employee?

It is the general rule that an employee retains ownership and patent rights of whatever she invents during her employment, even if she conceived it or reduced it to practice in the course of her employment, and even if her invention relates to company business.

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