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THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER PATENT AND INVENTION POLICIES AND PROCEDURES Adopted December 21, 1995, Amended January 2006 Amended April 2017 TABLE OF CONTENTS I. FOREWORD ...............................................................................................................................
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Patent and invention policy refers to a set of rules and guidelines regarding the ownership, protection, and commercialization of inventions and patents within an organization.
Employees who develop inventions as part of their work duties are typically required to file patent and invention policy.
To fill out patent and invention policy, employees usually need to provide information about the invention, its potential market value, and any existing patents or intellectual property rights.
The purpose of patent and invention policy is to establish guidelines for the protection and commercialization of inventions, as well as to ensure fair treatment and recognition for inventors.
Information that must be reported on patent and invention policy typically includes details about the invention, any related intellectual property rights, and the potential market value of the invention.
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