Are patents assignable?
The patent laws provide that patents shall have the attributes of personal property, and as such, can be assigned by a written document. The inventor, who is initially the presumed owner of the patent rights to the invention, may transfer ownership to anyone, including a corporation. Employees often assign the rights to their inventions to their employers as part of their employment contracts. >>top Question: What is due diligence? Answer: Due diligence is an intellectual property investigation that, among other things, determines what the intellectual property is, who owns the rights to the property, and whether those rights are enforceable. The information can then be used to evaluate the viability of a particular business transaction.
