Drafting an IP agreement in nanotechnology requires careful consideration of several factors:
Scope of Protection: Clearly define what aspects of the technology are being protected. Ownership: Specify who owns the IP and how rights are divided among collaborators. Licensing Terms: Detail the terms under which the IP can be licensed, including duration, royalties, and sublicensing rights. Confidentiality: Include clauses to ensure that proprietary information remains confidential. Dispute Resolution: Outline mechanisms for resolving any disputes that may arise.