Increasingly, firms are engaging in strategic alliances such as cooperative strategy in order to develop new products that better meet consumers needs and tap new markets.
Such strategy seems easy to be implemented but in practice, many mistakes are made by the parties involved in such a project.
Here are some of the most common IP mistakes made by companies engage in cooperative projet :
1- Not having proof of ownership of confidential information to share with the partner;
2- start cooperating before supervising the cooperation (what is the contributionof each party? who uses the results of cooperation? who will own them? etc.
3-Do not provide measures for restitution and destruction of confidential information in the event of failure of a collaboration agreement between the parties.
In order to avoid such mistakes, it is advisable to get assistance from professional.
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