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Employees’ right to intellectual property
Although employees are expected to come up with brighter ideas and better products, sometimes what they present are not part of their contracts and the IP may not necessarily belong to the employer. FILE PHOTO | NMG
Companies often hire and invest in employees to develop new products, improve processes, create new technologies and develop new markets. With this investment, it should come as no surprise that employers generally own the intellectual property (IP) created by its employees. In fact, it is a statutory presumption in most countries that the employer owns the intellectual property that an employee creates.
However, an employer would be careless to assume that all rights of the employee over such creations are extinguished.
