"Beware of Joint Ownership of IP Between Alliance Partners"

Joint ownership can be fraught with unintended consequences

January 28, 2011

Technology and protectable intellectual property have become more and more central to business success and competitive advantage. As such, in the negotiation of strategic alliances and development agreements, the ownership and use of intellectual property created during the relationship can become a hot topic. Frequently someone will suggest a solution: Both parties should jointly own the IP. This is almost always a bad idea.

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Reprinted with permission.