Document background
The Invention Assignment Agreement is a crucial document for organizations operating in Canada that engage in innovation, research, or product development. This agreement is typically used when hiring employees or contractors who may create intellectual property during their engagement, ensuring that all innovations developed within the scope of employment are properly assigned to the organization. The document addresses both existing and future inventions, includes provisions for disclosure and documentation of inventions, and establishes obligations for cooperation in securing intellectual property rights. It must comply with Canadian federal legislation such as the Patent Act and provincial employment laws, while also considering competition law requirements to ensure enforceability. The agreement is particularly important for technology companies, research institutions, and any organization investing in innovation or product development.
