The-definition.com

Definition

Assignment of invention agreement

Assignment of invention agreement refers to a document signed by an employee as part of the employment agreement that assigns the employer the right to apply for the patent of an invention made by the employee during the course of his or her employment.

Share it:  Cite

More from this Section

  • Liquid market
    Liquid/ Stock market is a market in which stock can be bought and sold fairly easily through ...
  • Liquidity ratio
    Liquidity ratio measure of a firm’s ability to pay its short-term debts as they come ...
  • Idea Bank
    Idea bank (or vault), which is a physical or digital repository for storing ideas. An ...
  • Feasibility Analysis
    Feasibility analysis is a preliminary evaluation of a business idea to determine if it ...
  • Private placement
    Private placement is a variation of the IPO in which there is a direct sale of an issue ...