Co-Development Agreement: How to Play by the Rules with Your Business Partner
When two companies have complementary technological expertise, it may be advantageous for them to join in a co-development agreement. They can then pool together their expertise to bring their technologies more easily to a higher level. But beware of the pitfalls because they are many of them! How to share the new intellectual property that will flow from the co-development agreement be effectively shared? And besides, how should this agreement be developed and with whom? The key to success: surround yourself with the right professionals who will be able to advise you properly at each stage and make this agreement a "co-success" for all the partners involved!