IP Joint Ownership Creates Challenges For Cos.

Law360, New York (January 20, 2009, 12:00 AM EST) -- Joint ownership of intellectual property may seem like a perfect solution to bring new technology to market during tough economic times, but it can put one or both parties at a serious disadvantage if the arrangement is not set up right.

While a new drug or software may only be made possible through a collaboration, companies should keep in mind that joint ownership comes with strings attached. Without properly addressing ownership and enforcement matters up front, companies are running the risk of devaluing their IP and...
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