Tennessee Assignment - Individual Inventor
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FAQ
Original assignee: Searches for patents for the legal person or entity who owned the property right at the time of grant. This may or may not be the inventor and is also known as the applicant by some authorities.
An inventor has to contribute something to the conception of the invention, not merely be the supervisor of the inventor or someone that acted under the direction and supervision of the inventor. The assignee is the entity that has the property right to the patent.
While assignors make money right away, assignees can create revenue streams by earning money from royalty payments. After an assignment is complete, the assignee has exclusive rights to such income.
Go to the USPTO's online database. In the pull-down field menu, select "Assignee Name" if searching for company name or "Inventor Name" if searching for Inventor name. Type in the name of the inventor or company, keeping in mind that you might need to try several times.
Assignee: Organization(s) and individual(s) that have an ownership interest in the legal rights a patent offers. There may or may not be an assignee. An assignee is often the organization employing the inventor of the technology. An assignee can also change at a later date.
