[Consultation] Review of Intellectual Property Protection Clauses for Research Project Contractor Companies

Veat Law Firm drafted a research contract for you that includes clauses for protecting intellectual property (intellectual property rights) of the research project execution company’s inclusion of research projects, including the clauses regarding the protection of intellectual property rights of the results developed due to the research project contract ahead of the agreement with the purchaser, A Company, which develops and supplies artificial intelligence system software.

In doing so, Veat Law Firm drafted a research contract that includes the ownership of intellectual property rights of the research results in the perspective of the service execution company, A Company, and also includes the right to freely utilize the intellectual property rights in the research project contract afterwards.

Most companies that perform technical services find it very difficult to execute similar services procured from other clients if they assign all intellectual property rights of the service execution results in the service contract to the purchaser. Therefore, technical service execution companies can avoid potential wasteful disputes by clearly defining the rights of intellectual property rights of the results in the service contract before concluding the service contract.

If you need legal advice related to the research project contract and intellectual property rights, please contact Veat Law Firm at any time.

Thank you.