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Ownership

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Definitions Edit

General Edit

Ownership is the bundle of rights allowing one to use, manage, and enjoy property, including the right to convey it to others. Ownership implies the right to possess a thing, regardless of any actual or constructive control. Ownership rights are general, permanent, and heritable.[1]

Patents Edit

As stated in Israel Bio-Engineering Project v. Amgen Inc., 475 F.3d 1256, 1265 (Fed. Cir. 2007) (full-text):

[t]he contract . . . gives IBEP exclusive ownership over the patent because this agreement gives it the right to an assignment of "all rights, title and interest" to "all inventions resulting from the R & D Programs."

ReferencesEdit

  1. Black's Law Dictionary (3rd Pocket Ed.)

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