👠R&D Agreement (commercial collaborations)
A research and development agreement is a contract between two parties in which they agree to collaborate on research and development activities. The agreement defines the scope of the work, the roles and responsibilities of each party, and the ownership of the resulting intellectual property.
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Associated business activities
Research & develop
R&D Agreements are used when two or more parties want to engage in academic research and development. The agreement sets forth the terms and conditions of the project, including roles and responsibilities of each party, ownership of resulting intellectual property, and sharing of profits or benefits.
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