This is a model contract form for use in business settings, a Patent Agreement. Available for download in Word format.
Wisconsin Patent Agreement, also known as the Wisconsin Patent Policy, is a legal document that outlines the ownership, use, and management of patents and other intellectual property developed by employees or students at Wisconsin-based institutions. It establishes the rights and responsibilities of inventors, assigns ownership of patents, and governs the commercialization and technology transfer process. The Wisconsin Patent Agreement is applicable to various institutions such as the University of Wisconsin System, Wisconsin Technical College System, and Wisconsin Department of Public Instruction. It ensures that any patents resulting from research, development, or other activities conducted within these institutions comply with the policies and guidelines set forth. Key terms and keywords relevant to the Wisconsin Patent Agreement include: 1. Intellectual Property: This term refers to creations of the mind, such as inventions, trademarks, patents, and copyrights, which are protected by laws. 2. Rights and Responsibilities: The Wisconsin Patent Agreement delineates the rights and responsibilities of inventors regarding their inventions, including disclosure obligations, reporting requirements, and the duty to assign ownership. 3. Ownership of Patents: The agreement defines how ownership of patents is determined and allocated among inventors, institutions, and external entities. Typically, the institution retains a portion of the ownership rights to facilitate technology transfer and commercialization efforts. 4. Commercialization: The agreement outlines the process by which patented inventions can be commercialized, licensed, or transferred to third-party entities for further development and commercial exploitation. 5. Technology Transfer: Technology transfer involves the movement of innovative technologies from academic research to the marketplace. The agreement establishes mechanisms for technology transfer, including licensing agreements and partnerships with industry players. 6. Research and Development: The Wisconsin Patent Agreement applies to intellectual property resulting from research and development activities conducted within the participating institutions. It encourages a supportive environment for innovation and encourages inventors to disclose their discoveries promptly. It is important to note that specific institutions within the Wisconsin patent agreement framework may have their own variations or amendments to the standard agreement to tailor the policies to their unique needs and priorities. However, the core principles and objectives of promoting innovation, protecting intellectual property, and facilitating technology transfer remain constant across all variations.
Wisconsin Patent Agreement, also known as the Wisconsin Patent Policy, is a legal document that outlines the ownership, use, and management of patents and other intellectual property developed by employees or students at Wisconsin-based institutions. It establishes the rights and responsibilities of inventors, assigns ownership of patents, and governs the commercialization and technology transfer process. The Wisconsin Patent Agreement is applicable to various institutions such as the University of Wisconsin System, Wisconsin Technical College System, and Wisconsin Department of Public Instruction. It ensures that any patents resulting from research, development, or other activities conducted within these institutions comply with the policies and guidelines set forth. Key terms and keywords relevant to the Wisconsin Patent Agreement include: 1. Intellectual Property: This term refers to creations of the mind, such as inventions, trademarks, patents, and copyrights, which are protected by laws. 2. Rights and Responsibilities: The Wisconsin Patent Agreement delineates the rights and responsibilities of inventors regarding their inventions, including disclosure obligations, reporting requirements, and the duty to assign ownership. 3. Ownership of Patents: The agreement defines how ownership of patents is determined and allocated among inventors, institutions, and external entities. Typically, the institution retains a portion of the ownership rights to facilitate technology transfer and commercialization efforts. 4. Commercialization: The agreement outlines the process by which patented inventions can be commercialized, licensed, or transferred to third-party entities for further development and commercial exploitation. 5. Technology Transfer: Technology transfer involves the movement of innovative technologies from academic research to the marketplace. The agreement establishes mechanisms for technology transfer, including licensing agreements and partnerships with industry players. 6. Research and Development: The Wisconsin Patent Agreement applies to intellectual property resulting from research and development activities conducted within the participating institutions. It encourages a supportive environment for innovation and encourages inventors to disclose their discoveries promptly. It is important to note that specific institutions within the Wisconsin patent agreement framework may have their own variations or amendments to the standard agreement to tailor the policies to their unique needs and priorities. However, the core principles and objectives of promoting innovation, protecting intellectual property, and facilitating technology transfer remain constant across all variations.