What are Common Causes of Contractual Disputes in Nanotechnology?
Contractual disputes in nanotechnology often arise due to several factors:
1. Intellectual Property (IP) Rights: Disagreements over the ownership, licensing, and usage rights of IP can lead to disputes. This includes patents on nanomaterials or processes. 2. Research and Development (R&D) Agreements: Conflicts can occur over the allocation of funds, milestone achievements, and the sharing of research outcomes. 3. Supply Chain Issues: Quality control, delivery timelines, and the specification of nanomaterials can be contentious points. 4. Regulatory Compliance: Non-compliance with regulatory standards can lead to breaches of contract, especially in industries such as healthcare and electronics.
