Corporate
Intellectual Property Rights Agreement
Ohio
Who controls IP in a joint venture?
I am currently considering entering into a joint venture with another company to pursue a business opportunity that may involve the creation of intellectual property (IP). I am unsure of who would have ownership and control over any IP that is created as a result of the joint venture, as it involves the contribution of resources and expertise from both companies. Therefore, I would like to seek the advice of a lawyer to better understand the legal implications and potential risks associated with the ownership and control of IP in a joint venture.
1 Attorney answer
Answer
Corporate
Ohio
Paul S.
ContractsCounsel verified
That's something that would be negotiated between the parties involved in the joint venture.