Patent Licensing

Top 10 IP Mistakes: No. 8 Failing to Obligate Employees

Top 10 IP Mistakes: No. 8 Failing to Obligate Employees

I continue to be shocked every time I see contracts neglected as part of a company’s innovation policy.  And, I mean basic things like the obligation to keep secrets, the obligation to simply cooperate with perfecting an employer’s proprietary rights, and the obligation to transfer IP rights in anything an employee creates to the employer and then actually following through with an...

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From the White House: Legislative Priorities & Executive Actions

Washington, DC June 4, 2013 . Today the White House announced major steps to improve incentives for future innovation in high tech patents, a key driver of economic growth and good paying American jobs.  The White House issued five executive actions and seven legislative recommendations designed to protect innovators from frivolous litigation and ensure the highest-quality patents in our...

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Exclusive Patent License: An Assignment by Any Other Name…

When inventors give an exclusive license on a patent to a third party, they may be giving up more than they understand. These license agreements are often tantamount to fully transferring all rights in the invention to someone else. Exclusive licenses can be used when an inventor conceives a novel device but does not feel they have the financial resources or the desire to proceed with a...

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