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Home Q&A Forum Who controls IP in a joint venture?

Corporate

Intellectual Property Rights Agreement

Ohio

Asked on Mar 21, 2023

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

Answered 471 days ago

Paul S.

ContractsCounsel verified

Business Lawyer
Licensed in California, Ohio
Free Consultation

That's something that would be negotiated between the parties involved in the joint venture.

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