Assignment of IP
The assignment of intellectual property (IP) refers to the process by which ownership of work product created for a company by an employee or consultant is transferred to the entity.
The assignment of intellectual property (IP) refers to the process by which ownership of work product created for a company by an employee or consultant is transferred to the entity.
An inventions assignment agreement is a typical feature of an independent contractor or employee agreement where the worker agrees to assign any intellectual property arising from the worker’s services to the company.
Companies seeking to avoid employment disputes and to secure intellectual property rights to their employees’ inventions should make sure that all employees have signed confidentiality and inventions assignment agreements. These…
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