Minneapolis patent attorney Mark Stignani discusses which types of joint ventures carry a the greatest risk.
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The most risky joint ventures are the ones where you’re bringing the most to the table and sharing the most confidential information. The key factors of a complex or high-risk joint venture is when you are co-inventing or co-developing something with another party that is not in your company. So that can be joint development agreements, equity, joint ventures, other things that really require an awful lot of heavy lifting on your part, and your partner’s part that make that arrangement difficult; their sharing of assets, their sharing of IP, their sharing of marketing budget.