Co-ownership of IP

It is rare to find a company that is developing all of its technology 'in-house'. More and more technology is generated through collaboration. The division of the intellectual property rights on these results becomes crucial and co-ownership is a possible solution. More on co-ownership and the pitfalls that go with it.

Co-ownership of intellectual property

When parties are negotiating a collaboration agreement, one of the most controversial issues concerns the ownership of the results of such collaboration. During the contract negotiations a solution that is frequently proposed as a compromise is that the parties jointly own the results of the collaboration. But what does co-ownership mean and what are the parties’ respective rights and obligations with respect to co-owned results?

Co-ownership may arise by operation of applicable legislation when more than one person is involved in creating the results. Co-ownership may also be created between the parties by agreement when the parties decide to share the ownership of the results.

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Do you have a strategy in place to optimally protect your IP? Do you know the full value of your intellectual property? And how can you best commercially exploit your IP and add maximum value to your company? Get answers