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Normally patent rights are held by the inventors until those rights are assigned in a written Patent Assignment agreement, even if the employee created the invention within the scope of employment (with a few exceptions such as the ?hired-to-invent doctrine?).
There are four types of patent assignments: Assignment of Rights - Patent Issued: This is for patents that have already been issued. Assignment of Rights - Patent Application: This is for patents still in the application process.
A patent or patent application is assignable by an instrument in writing, and the assignment of the patent, or patent application, transfers to the assignee(s) an alienable (transferable) ownership interest in the patent or application.
Basically speaking, a patent assignment is a legal way for an inventor to transfer ownership of a patent to a business. As you may recall, in the United States, only a person (or group of people) can be listed as the inventor of a patent; a business cannot be listed as the inventor.
If you do creative, engineering, design, or development work, your employer might ask you to sign an invention assignment agreement: a contract giving your employer ownership rights in inventions and intellectual property you develop during your employment.
Assignee: Organization(s) and individual(s) that have an ownership interest in the legal rights a patent offers. There may or may not be an assignee. An assignee is often the organization employing the inventor of the technology. An assignee can also change at a later date.
Current Assignee: Based on Assignee (Original Assignee), when events such as renaming or transfers occur, the Current Assignee status will reflect a patent's latest owner.