Research and Development Policy
$27.00 +GST
Research and Development Policy
This is a template Policy Document from employers clarifying that research and development work undertaken by the employee during their employment becomes the property of the employer.
The employee is required to agree that they will inform the employer of any inventions, designs or product improvements that are made while the employee is employed in the position.
This avoids the situation where there may be a misunderstanding between employer & employee in terms of who has ownership of any intellectual property, prototypes of new products created during the time of the employee working for the business.