For those new to protecting their inventions with patents, one of the more common issues that needs to be resolved is ownership. Who owns the invention or patent? A company may believe that it owns the rights to an invention. However, a closer look at the law reveals that this may not be the case. Several common ownership issues arise with situations involving independent … [Read more...]
Independent Contractor Invention Assignment
Independent contractors who invent owns inventions rights unless it is assigned to a hiring company by way of an invention assignment.
Patent rights initially vest with the person that conceives of the invention. For example, if a company hires an independent contractors, patent rights initially vest with the independent contractor. If the company hiring the independent contractor wants to exploit the invention, the company must acquire the patent rights from the independent contractor through an … [Read more...]