You're navigating R&D contract negotiations. How can you safeguard your organization's intellectual property?
Navigating R&D contract negotiations can be a complex and delicate process, especially when it comes to protecting your organization's intellectual property (IP). Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. In the realm of research and development, safeguarding IP is crucial as it represents the value of your innovation and competitive advantage. As you embark on this journey, understanding how to secure your IP within contracts will not only protect your assets but also foster a trustworthy relationship with your partners.