The Economic and Bargaining Implications of Joint Ownership of Patents
The Licensing Journal, Volume 35, Number 2, pages 4–11, February 2015
8 Pages Posted: 25 Aug 2016
Date Written: February 1, 2015
The joint ownership of a patent suggests a mutual and equal relationship between the joint owners, with each joint owner mutually and equally sharing the benefits of joint ownership with the other joint owners. But that is not the case. Joint ownership laws around the world can result in a joint owner being deprived of the benefits of ownership. Joint ownership also impacts upon the bargaining or negotiation capacity of one joint owner that may seek to license the jointly owned patent to the other joint owner.
Keywords: Patent; Joint Ownership; Licensing; Negotiation
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