Intellectual property rights issues in software development contracts

Imagine that you are professionally working on developing software for an organisation. Or, consider you have asked a coder to develop software for you. Who owns the software? Is it the developer who built or the client who assigned the task? How are ownership rights allocated as a default rule? Software development contracts and Master Services Agreements typically address such issues.
It is important to understand the exact rights that are transferred to be able to exploit the intellectual property in a risk-free manner. Learn from Apar Ratan, Partner, ARP Advocates, Pune about the intellectual property issues in software outsourcing and engagement of external vendors for software development and how to minimise the risks.

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