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Also known as Proprietary Information and Inventions Assignment Agreements (or PIIAAs), Confidential Information and Inventions Assignment Agreements ensure that intellectual property and other proprietary rights created by employees during the course of their employment are assigned to the employer.
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 worker's services to the company.
?The general rule is that an individual owns the patent rights to the subject matter of which he is an inventor, even though he conceived it or reduced it to practice in the course of his employment.? Banks v. Unisys Corp., 228 F. 3d 1357, 1359 (Fed. Cir.
How to Protect Intellectual Property in 5 Different Ways Register copyrights, trademarks, and patents. Register business, product, or domain names. Create confidentiality, non-disclosure, or licensing contracts for employees and partners. Implement security measures. Avoid joint ownership. IP as a business asset.
The ?shop rights? doctrine provides that your employer can use an invention that you own but invented on company time without infringing your patent.
Who owns the patent? Patent rights belong to the inventor who conceived the invention unless that inventor assigns the patent rights to another, or the courts apply the equitable doctrines of hired-to-invent or shop rights.
If you are an employee ? not an independent contractor ? and your invention was created as part of your job, then it is likely that your employer owns the rights to that invention and any patent obtained on it. This is known as the ?work for hire? doctrine.
The U.S. Constitution recognizes the value of innovation to the country, and authorized congress to enact laws protecting inventions. Pursuant to these laws (Title 35, United States Code), the owner of a patent is provided with a time-limited right to exclude others from making, using, or selling an invention.