Entering a collaborative R&D (Research and Development) partnership can be both rewarding and challenging, especially when it comes to protecting your intellectual property (IP). Here’s how you can ensure your IP stays safe while fostering trust with your partners:

• Draft clear agreements: Ensure all IP rights and responsibilities are explicitly stated in legally binding contracts.

• Use NDAs (Non-Disclosure Agreements): Protect sensitive information by requiring all parties to sign NDAs.

• Implement access controls: Limit access to critical IP to only those who need it to minimize risk.

How do you approach IP protection in collaborative projects? Share your strategies.