Creating Profit Through Alliances - business models for collaboration E-book | Page 91

Intellectual property publication). Regarding a discovery or invention made in employment, the ownership depends on the employment conditions and whether the making of the discovery or invention is part of the employer's tasks. Thus, the inventor does not necessarily become the owner of the patent. If the collaboration between two parties results in the development of new knowledge (for instance in an R&D alliance) for which a patent application is filed, then it is important to have determined beforehand how to go about it. If the patent is filed under both companies' names, they will jointly have to decide about its use or licensing. Patents that can be filed as a result of collaborative knowledge development form a special category of returns. A patent is a set of exclusive ownership rights that a public authority awards to an individual or company in exchange for the publication of the details of the discovery or invention. This publication is mandatory with a view to advancing the state of technology. A patent gives the right to prevent others from making, using, selling, offering to sell or importing the discovery, in the country where the patent applies. Most patents are effective from the moment of publication and for a maximum duration of 20 years after the patent application. In most countries, patent rights are awarded to the party that first files the patent application, provided the discovery or invention has not already become public knowledge (through use, sale, or any form of It is wise, in this respect, to distinguish between the ownership of the patent and the right of use. It can be arranged contractually that the ownership remains with one of the partners or with the joint venture, and that both partners (and possible merger partners and group companies) have the right to use the invention, but that it requires the consent of the other party to resell the invention or to license it to a third party. Moreover, some patents build on earlier patents; for example a medicine that is dependent on a patented production method. This is also known as background knowledge. If this is relevant to the collaboration, then it has to be arranged how to deal with such background knowledge, if this knowledge was developed previous to or outside the partnership. It could be that this knowledge derives from a third party, which means that its use needs to be arranged carefully to avoid being held liable for breaching patent rights. Finally, one should consider how to deal with patents that have been developed as part of the collaboration, but that do not support the goal of the 89