Inventor Rights Act Proposes to Grant Certain Rights to “Inventor-Owned” Patents

M0846516By: Stanley F. Chalvire

The Inventor Rights Act (H.R. 5478) was introduced in the U.S. House of Representatives in late December 2019, and proposes significant new rights for United States patents that are “inventor-owned.” In particular, if passed, the Bill would create a new class of “inventor-owned patents,” in which the inventor of the claimed invention (or an entity controlled by the inventor) is the patentee and holds all substantial rights to the patent.

The Bill was referred to the Subcommittee on Courts, Intellectual Property, and the Internet on January 28, 2020 and is currently in committee.

Morse Patent Attorney, Stanley Chalvire, explains more about the Inventor Rights Act in his new article.