Collaborative and joint development arrangements can provide valuable economic and strategic opportunities to both parties. With careful intellectual property planning, collaborative development activities can be used to gain access to IP at a lower cost than developing or purchasing these assets while providing an opportunity to generate income from and open new markets for existing IP assets. The panel will review different types of collaborative agreements and discuss the related business and legal issues. Faculty will discuss strategies and best practices for developing and implementing a program and practical guidance for drafting and negotiating agreements to maximize IP value and achieve win-win outcomes.
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