Exploiting Intellectual Property
Commercialization19 Aug 2006 An intellectual property right does nothing more than confer a temporary and often very slight competitive advantage upon its proprietor. It is up to him or her to maximize that advantage which he or she can do through manufacture, joint venture, licensing or in a combination of those ways. These require written agreements with collaborators, joint venturers, investors, lenders and licensees. Some of these agreements can be drawn up by the parties themselves or their solicitors or patent or trade mark attorneys but the more complex should be drafted or reviewed by specialist counsel.
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