Software development intellectual property joint ventures | Lexology
Summary
Many software developments are as a result of joint venture arrangements pooling technical expertise with marketing and financial resources. We do work for the smaller specialist software houses and often see how easy it is for them to be bulldozed by large corporates with their own in-house teams if they don’t have good lawyers.. If you are involved in software development you should think about: We have given a snap shot of what all this means as a guideline to help you structure your joint venture agreement for success. The implications for you are that without an express agreement, exploitation including assignment and licencing of intellectual property is fraught with practical problems. We advise including provisions within an intellectual property joint venture agreement covering key issues such ownership, assignment, licencing, enforcement and infringement.