Good Essay About Patent

Great ideas are coveted everywhere in the world, they are overly Bidded especially where they possess a significant commercial value. Incubators of such great ideas and who lack the means and resources to implement them have always taken cover under the well known patent rights.
A patent refers to exclusivity rights granted for an invention owned by an individual given to that individual in by a sovereign state in order to make the invention public.
Employers, have always taken opportunities to recruit those with great ideas which can give their organization a running gear in the ever competitive world. But such ideas can be patented when the rightful owner is fully aware of the impact such ideas can yield in such an organization and the degree of association they can subscribe to it.
The element owning a patent and the degree of ownership is based on a number of factors. One of the major factor is whether the invention for which you seek a patent is in line with the technology or business idea of your current employer. In the event that a relationship exists, then chance of owning the patent can drastically change in a court of law, even to the extent of being stripped of ownership. Further, it is important to always read carefully through your employment contract as it can contain clauses that claim ownership of all inventions made by you under their employment tenure especially if the invention is working or employment related. In extreme cases, some employers have employment contracts that include clauses stating that in the event you make any invention be it work related or not, then all exclusive rights relating to the invention belongs to them. This is a motivation to anyone that in the event of getting employment, make sure you carefully and cautiously read through the employment contract before assenting to its content. It is actually advisable that if you don’t understand the employment contract, then seek the advice of a competent lawyer to advise you on the way forward.
On the basis of the discussion above it is objective to say that the degree of ownership of a patent is subjective to the employer and the employment contract that you assent to at the time of employment.