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New Law in New York Threatens Employer Ownership of Employee Inventions

JD Supra Law

New York state recently amended Labor Law Section 203-f, codifying a hurdle for employers who seek to claim ownership over an employee's inventions. invention assignment or employment agreements), so the unfettered “all the work you do we own” provisions that are very common in such documents.

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New York Redefines the Permissible Scope of Invention Assignment Provisions

JD Supra Law

Invention assignment provisions are fundamental in employment agreements. On one hand, they are the mechanism by which an employer takes ownership of important types of intellectual property employees create that relates to the job—potentially patentable inventions, which may be trade secrets unless patent protection is sought.

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Pride in Patent Ownership Act

Patently-O

A bipartisan pair of Senators have proposed the “ Pride in Patent Ownership Act.” ” The premise is that if you own a patent, you should be proud to own the patent — and actually record your ownership interest. The pair also proposed a second proposal that they call “ Unleashing American Innovators Act.

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Patent Ownership Issues In Light Of USPTO AI Guidance

IP Law 360

Patent and Trademark Office establishes that inventions created using artificial intelligence may be patentable if a human also significantly contributes, but ownership and legal rights in these types of patents are different issues that require further assessment, says Karl Gross at Leydig Voit.

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Why Should You Patent Your Invention?

Intepat

A patent is a form of intellectual property right granted to an invention. It gives the inventor or patent owner exclusive rights and prevents others from manufacturing, selling, or marketing the invention. Patents are valuable assets that enable one to share their invention in public without any fear of being misused.

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Keeping Your Federally-Funded Inventions: Requirements to Comply with the Bayh-Dole Act

JD Supra Law

Any invention conceived or reduced to practice with the assistance of federal funding is subject to the Bayh-Dole Act, which provides for ownership of such inventions, but only if the grantee (referred to in the Act as a “contractor”) abides by the terms. By: Rothwell, Figg, Ernst & Manbeck, P.C.

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[Guest post] Ownership of IP rights by DAOs – the future is nigh?

The IPKat

Here's what Marianna writes: Ownership of IP rights by DAOs – the future is nigh? Ownership of IP In a recent curious example, Spice DAO paid $3 million for an original 1975 copy of the Dune bible by Alejandro Jodorowsky. Such ownership sometimes arises “automatically” when a work has been created in the course of employment.

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