SOFTWARE DEVELOPMENT AND INTELLECTUAL PROPERTY RIGHTS

Development Processes
1. typical software
  1. gathering and analysis, design, construction, testing, debugging, and deployment
2. The construction stage
  1. The source code is subsequently translated or “compiled” into machine-readable object code
3. the intellectual assets
  1. can be classified into five types of properties: preparatory materials, databases, derivatives, other works, and software programs
4. Types of IP Rights in SDO
  1. 1. Right to use the developed software and source code for a specific purpose after the contract ends,
  2. 2. Right to redeploy the residual knowledge asset such as information relating to ideas, concepts and techniques
  3. 3. Right to sell the developed software to third parties in certain geographical regions and industries.
Intellectual Property Rights Allocation
1. Ownership
  1. Assets Ownership of servers, customer data, and URL
  2. Service output Ownership of service outputs (e.g., design, process plan and technology)
  3. Core technology Ownership of copyright, patent, or trade mark of core technology in the development
2. IP Usage Rights
  1. Right to sell Right to manufacture and sell final product
  2. Redeployment right Redeployment right of know-how and residual information
  3. Right to use developed technology and embedded technologies on expiration
3. Control Rights
  1. Source code escrow Vendors shall deposit a copy of source code to the escrow agent
  2. Financial right Vendors have right to receive royalty payments from client
  3. Non-compete restriction Restricting vendors from competing with clients after the end of contracts

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SOFTWARE DEVELOPMENT AND INTELLECTUAL PROPERTY RIGHTS

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	Created by Elkin Santiago Cuervo Naranjo over 6 years ago