Unfortunately, this scenario is quite common: You hire an outside software developer who creates a code that underpins your business.
If you do not have an invention assignment agreement in place, the copyright to that software will automatically go to the developer.
Your company would only be able to reasonably claim a license to utilize the software. Google filed a federal lawsuit against Uber alleging it stole trade secrets and intellectual property and infringed on patents related to Google’s lidar systems, according to Business Insider.
Lidar is a piece of technology featured in self-driving cars that allows them to visualize and anticipate what is ahead on a road or highway.
A company looking to have their invention assignment agreement encompass the widest range of intellectual property feasible, while still being enforceable and complying with the limitations imposed by California law, should reach out to a member of the firm’s intellectual property practice group for assistance in preparing the agreement.