Information on the Assignment of Intellectual Property Rights

An Assignment of Intellectual Property Rights Agreement is the complete and exclusive transfer of ownership of the intellectual property.

Types of intellectual property
Intellectual property is any original and valuable property created by someone’s creativity, thought, mind or intellect.  There are various categories:-

• Patents – rights relating to inventions, original processes, applications and methods.
• Trademarks – rights relating to specific marks used to identify a product, service or person or entity.  This can be by way of words, logos, phrases, etc.
• Designs – relate to the shape, configuration or pattern of a product which is unique, new and distinctive.
• Copyright – rights to protect the original expression of ideas for example, literary works, lyrics, films, artwork, articles, computer programs, database compilations etc.