Who Owns Intellectual Property, The Inventor Or The Employer?

Owning an invention patent is definitely a dream come true for most inventors. However, the biggest debate that has continued on in recent years is who exactly is supposed to own an intellectual property (IP) for an invention made by an employee working under a specific organization? When you create an invention during employment, then you own the patent to it. However, there are some cases in which the employer can have full rights to the intellectual property of the invention. These include: ...

Newly Released Patent Cheat Sheet Enables People to Protect Their Ideas Online

Intellectual Pats is a company that offers simple patent attorney solutions for anyone struggling to find a patent agent. See more about their services on their website: http://intellectualpats.com/patent-attorney/ Intellectual Pats has released a free patent cheat sheet to help business owners, inventors, entrepreneurs, and business start-ups cut through the clutter and get to the most important aspects of intellectual property including getting a patent, copyrights, trademarks, and lice...

Court Ruling: Microsoft Must Turn Over Data Stored in Ireland

microsoft lawsuit
JUDGE RULES THAT MICROSOFT MUST TURN OVER DATA STORED IN IRELAND WILL HAVE A “CHILLING EFFECT” ON AMERICAN TECHNOLOGY BUSINESSES On July 31, 2014, Judge Loretta A. Preska of the United States District Court for the Southern District of New York upheld an earlier lower court ruling that Microsoft must turn over a customer’s emails, held by Microsoft, in a data center in Ireland. An issue in this case is whether data, emails in this case, kept in overseas data centers, operated by American c...

Software Patent Ruling of 2014

licensing software patents
The future of software patents took a blow on June 19, 2014, after the Supreme Court's verdict to invalidate computer based ideas having no invention or innovation. This decision was made in the recent Supreme Court ruling in the CLS bank v. Alice Corporation case. Plaintiff and Defendant are both huge financial institutions sparring over a series of patents that involve "intermediary settlement" software. The Court concluded the patents to be invalid because the claims were drawn to an ab...

Best Way to Make Money with a Patent

In the world of inventions, there is usually a large amount of misinformation. Believe it or not, most of the misinformation is intentional. There are many manufacturers out there who want inventors to believe all that is needed to make a fortune with inventions is coming up with a good idea. Patent licensing is the best way for an inventor to make money. This is because it will allow the inventor to concentrate on what he or she does best, coming up with ideas and developing them. O...