Monday, January 21, 2019, 1:00-2:00pm
Ownership of "ideas" – tangible inventions, “know-how” or processes, or other tangible or intangible property – is often an area of substantial dispute between the creator/inventor and his or her employer.
Though it seems axiomatic the creator owns invention, if the invention – often very valuable property – is created on the job or using employer resources, the employer has a substantial claim to ownership. Indeed, the employee may have been hired for the purpose of creating intellectual property essential to the employer’s success. Putting in place policies and procedures to ensure employers have clear title to this type of property is essential to avoid protracted, costly, and potentially ruinous litigation.
This program provides a practical guide to ownership of intellectual property created on the job.
- Ownership of ideas, information, know-how and other property created on the job by employees
- Impact of scope of an employee’s duties on ownership of property created on the job
- Role of adequate compensation in protecting employer property
- How some property created on the job is an employee’s – not the employer’s – even if in scope of duties
- Essential agreements, policies, and practices to preserve employer property
- What to do if asserts ownership to property created on the job
Click on the "In Depth" tab for tuition and speaker information.