Imagine you are working with a group of innovators at a circular economy hackathon. Your group designs and develops a revolutionary way to help track where waste is produced using machine learning and the blockchain. You win first place! Congratulations!
Now the question comes up, who owns the Intellectual Property (IP)?
Is it the team leader? Is to you? Or is it the people that ran and/or sponsored the hackathon?
We have put together a brief guide to help you the next time you have questions about who owns the IP, the ideas and the innovation. This might change depending on your specific situation, but the following guide will still be a good starting point in understanding what type of IP you might have created and who might own that IP.