Assignment of Invention Rights to Brigham Young University ID: 2023-018

A legal framework for transferring invention rights from inventors to Brigham Young University.

Technology Overview

This document serves as a legal agreement for the assignment of rights, title, and interest of an invention from the inventors to Brigham Young University. It outlines the process for transferring these rights, including the filing of patents, recovery of damages, and the defense of the invention and its patents, all at the university's expense.

Key Advantages

• Formalizes the transfer of invention rights to ensure legal protection
• Details the responsibilities of both parties in maintaining and defending patents
• Facilitates the commercialization of inventions by establishing a clear legal framework
• Includes a mechanism for sharing royalties between the university and the inventor

Problems Addressed

• Uncertainty in the process of transferring invention rights to an institution
• Lack of clarity on the responsibilities and obligations in patent management and defense
• Challenges in the commercialization of inventions due to inadequate legal documentation

Market Applications

• Legal and administrative management of intellectual property in educational institutions
• Framework for the commercialization of university-associated inventions
• Guidance for inventors in navigating the patent process and rights assignment

Additional Information

Technology ID: 2023-018
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Date Published: 28 March, 2025