Co-Owned Intellectual Property – Risks and Pitfalls

1. Co-ownership of “what” exactly?

It is a common practice for institutions and industry partners to engage in bilateral or multilateral joint research and development (R&D) projects.

The parties usually contribute resource and technical expertise/knowledge – often referred to as “background IP (Intellectual Property)” – to create a valuable new IP known as “foreground IP”.

…………

Continue reading here.