How is intellectual property managed in catalysis collaborations?
Intellectual property management is a critical aspect of catalysis collaborations. The following questions are essential:
Who owns the IP? Clarify whether the IP is owned jointly or individually by the parties involved. How will IP be handled if new discoveries are made? Define the process for patent filings and ownership of any new catalysts or methods developed. What are the licensing terms? Determine the terms under which IP can be licensed to third parties, including any royalty arrangements.