How Do Joint Inventors Share Patent Rights?

Each inventor has the full spectrum of patent rights to his/her claimed invention. This means that each inventor can separately assign and license the patent without the other’s permission. However, each inventor must account for and share all the profits he has earned from the license of a patent with the other inventors.

When multiple inventors are members of the same entity (such as a business organization), it is advised that all inventors assign his/her rights to that entity. In this way, there is only one entity that can control the licensing and assignment of the patent. In this way, how that entity decides to control the patent is then a matter of how the entity is structured and what roles the inventors play within that entity.

If you are interested in more detail related to your situation it is best to speak with an attorney. Discuss Your Patent Needs with a Professional.

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Yuri L. Eliezer

Intellectual Property Attorney and Managing Partner at Founders Legal

Yuri heads the Intellectual Property practice group at Founders Legal in Atlanta, Georgia.A practice he co-founded at the Atlanta Tech Village – the nation’s fourth largest incubator.He specializes in preparing, developing, and executing strategies for securing patents nationally and internationally. He focuses his work on developing IP portfolio of high value, and helps clients to licensing and acquisition deals to monetize on their IP rights.He has secured patents, negotiated and executed domestic and international IP deals in the Software, Internet/Telecom, Computer, Electrical, and Medical Device fields. His team also prosecutes patents in the Mechanical, Aerospace, Biotech, and Pharmaceutical industries.

His degree in Electrical and Computer Engineering has helped him serve technology companies of all sizes including Microsoft, Cisco, Cox, AT&T, General Electric, Georgia Institute of Technology, and Coca Cola.

Eliezer’s technological knowledge, entrepreneurial expertise, and nuanced perspective on technological innovation, has attracted national media coverage, of the likes of NPR, CNN, and The International Business Times. Eliezer also applies his wide-ranging experiences as an Advisor to the Atlanta Tech Village, where he provides guidance to a community of 120 startup companies.

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