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What is an employee invention assignment?

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 an invention?

So who owns a patent/patent application? In the US, the inventor is presumed to be the initial owner of a patent or patent application. If there is more than one inventor, there may be more than one owner. Ownership can be transferred or reassigned.

Who owns intellectual property employer or employee?

Employers typically own intellectual property developed by their employees, but there is room for negotiation. by Does Your Employer Own Intellectual Property You Create? Intellectual property rights can be a concern for employees regarding works created or developed within the workplace context.

What happens when you assign a patent?

Patent assignment transfers your ownership rights in your patent from yourself to your company. This means that once you assign the patent, you transfer all ownership and control of that patent and its intellectual property rights as the patent inventor to another entity/company, known as an assignee.

What is an invention clause?

This provision requires employees to disclose any invention, innovations or improvements they make to your company. The language should require your employee to quickly disclose detailed information to the company so that you can apply protections such as patents and copyright.

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