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Ownership and Assignment of Patents

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Patent Insanity

Who owns your patents? Patents are not always owned by the inventors. Employment agreements may require inventors to assign their inventions to their employer. An Assignment is a contract that transfers ownership of patent rights (or other rights) to a new owner. I discuss assignments and different implications for your business in how patents are owned.

Timecodes

0:00 Introduction
0:32 Employment Agreements with Obligation to Assign Inventions
1:24 Copyrights can also be assigned for written work or other art
1:47 Assignment contract
2:26 Inventorship on a patent does not mean ownership of a patent
2:53 Employment agreements for Entrepreneurs and business ownwers
3:45 Have your employees assign inventions to your company
4:20 Licensing patents through a business entity
5:47 Multiple Assignees/Owners is possible

DISCLAIMER: The information contained in these videos is for information, educational and entertainment purposes only. IT IS NOT LEGAL ADVICE. Consult an attorney regarding your specific legal situation.

Cygan Law Offices PC is an intellectual property law firm founded in 2010 and provides patent, trademark and other intellectual property law services to businesses including startups, solopreneurs and independent inventors and product developers.

Learn about my law practice: https://www.cyganlawoffices.com
Schedule a legal consultation with me: https://www.cyganlawoffices.com/conta...
LinkedIn:   / cyganlawofficesp.c.  

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