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Networks of collaborative contracts for innovation

By: Series: International studies in the theory of private lawPublication details: Bloomsbury Publishing 2022 New YorkDescription: 263pISBN:
  • 9781509943654
Subject(s): DDC classification:
  • 658.4063 BAQ
Summary: With the rise of automation and artificial intelligence, the companies that will succeed in the future are those who operate under a constant state of innovation. Not just that, they will need to ensure that they pursue 'open innovation'. This book explores the contractual basis for innovation, examining the legal challenges raised by contracts to innovate. On the one hand, it examines empirical studies analyzing how these agreements are structured in order to overcome the inherent uncertainty of innovative activity. On the other hand it develops the legal doctrine governing contracts to innovate, in particular the notion of duty of loyalty to the contractual network, providing suggestions on how to concretize it in different situations
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Table of Contents: Introduction 1. Contractual Networks to Innovate : the search for a legal concept. 2. The Internal Coordination of the Collaborative Contractual Network through Governance of Contract 3. Managing the Internal Coordination of the Network: the role of the legal document and the duty of Loyalty to the networks 4. Legal Interpretation in Contracts to Innovate: potential matters of dispute 5. Conclusion

With the rise of automation and artificial intelligence, the companies that will succeed in the future are those who operate under a constant state of innovation. Not just that, they will need to ensure that they pursue 'open innovation'. This book explores the contractual basis for innovation, examining the legal challenges raised by contracts to innovate. On the one hand, it examines empirical studies analyzing how these agreements are structured in order to overcome the inherent uncertainty of innovative activity. On the other hand it develops the legal doctrine governing contracts to innovate, in particular the notion of duty of loyalty to the contractual network, providing suggestions on how to concretize it in different situations

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