https://ocpatentlawyer.com/tell-others-about-idea-without-losing-invention-rights/The issue of patent assignments may arise in the context of employment agreements. Employers require employees to assign any inventions made for the employer to the employer. Otherwise, employees may own the patent rights to the invention even if the employer had invested the resources for the … [Read more...]
Patent ownership vests with the individual that conceives or thinks of the invention. The patent rights must be assigned to the employer from the employee or independent contractor. Browse related articles below.
Patentees can profit from the patents they hold by licensing their technology. Alternatively, patentees can sell their technology to others through an assignment of the patent. In either case, it is important to carefully lay out the terms and conditions of the license or assignment to make clear the intent of the parties. In The Euclid Chemical Company v. Vector Corrosion … [Read more...]