Skip to content

Comment on Ask HN: Legal rights to University project?parent

Comments

Only extremely rarely does a billion-dollar invention arise. When an employee signs an invention-assignment agreement with his/her employer, the employer is on the hook (usually) for a known salary, benefits, etc., in exchange for which the inventor is giving up his rights in inventions of unpredictable number and -significance. That usually gives the employer the bargaining power.

It's not always that way: I once had a software-company client that paid commissions to its product architects; the architect of one of the company's flagship products ended up making a ton of money, as did its shareholders. Sadly, companies that can do this successfully are few and far between.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.