Collaboration Agreement Style 95

Collaboration relies on openness and knowledge sharing but also some level of focus and accountability on the part of the business organizations. Governance should be established addressing the creation and closing of team workspaces with assignment of responsibility for capturing the emergent results of the collaborative effort. Collaboration agreements document the terms and conditions of a project between two or more companies. Each company may be contributing intellectual property, resources, or research, product development or marketing expertise to the project. Common terms may cover project funding, treatment of confidential information, and termination of the agreement. Collaboration agreements document the terms and conditions of a project between two or more companies. Each company may be contributing intellectual property, resources, or research, product development or marketing expertise to the project.

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