What is the best way to negotiate with suppliers for intellectual property rights?
Negotiating with suppliers for intellectual property rights (IPR) can be a challenging and complex process. IPR are the legal rights that protect the creators and owners of inventions, designs, trademarks, copyrights, and other forms of intangible assets. Suppliers may have different expectations and interests regarding the ownership, licensing, and transfer of IPR, depending on the nature and scope of the contract, the industry, and the market. In this article, you will learn some best practices and tips to negotiate with suppliers for IPR effectively and fairly.