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There is another issue which generally gets swept under the rug--the liabilities to both parties related to disclosures of Intellectual Property. Non-disclosur
by drallison 15y ago
There is another issue which generally gets swept under the rug--the liabilities to both parties related to disclosures of Intellectual Property. Non-disclosure agreements don't really work, particularly if both parties are actively working in the same area of technology. There is always the potential that one or another of the parties may (inadvertently) insert IP owned by a third-party. Even casual IP disclosures can pollute an employee and prevent them from working in a particular area because they are tainted. Given the problems and liabilities, it is amazing that any business ever gets done.