When IP is generated jointly by employees in a Trust and a University, who owns the IP?
• If there are inventors from both organisations then both need to be named and the IP will be owned by their employers, the Trust and the University. Jointly owned IP is possible and agreeing this at an early stage removes any later debate. If there is joint IP, however, one of the organisations should take responsibility, with the agreement of the other, for managing the IP. A potential industrial licensee will need to be sure that the organisation with whom it is negotiating has the necessary authority.
