Innovation Law and Technological Management

The Brazilian Innovation Law (Law 10,973/2004) has the merit of establishing the legal framework for the public-private partnership by means of research and development agreements (R&D).

The Innovation Law has made possible for the Brazilian businessmen to seek partnership with those public research and universities and knowledge for the increase of competitiveness. It is recognized that more than 80% of the PhD researchers with technical background are still located at the public research centers. Therefore, such partnerships are viewed as great opportunities for developing new technologies and adopting them in the market.

Further to that, the Innovation Law has been complemented by other legislations and regulations that permit companies to benefit from innovation financing and tax credits and deductibility, among others.

The law firm VAZ E DIAS ADVOGADOS & ASSOCIDOS holds attorneys and specialized personnel that render consulting services in the innovation field. Therefore, we assist managers specialized in the promotion of innovation and private and public intellectual property centers in the management of intangibles and to implement the partnerships in the research and development (R&D).

Such legal assistance involve the elaboration of strategies to indicate the most adequate protection for the developed technology under the R&D partnership, as well as the elaboration of agreements and legal documents that protect the technological knowledge, preventing therefore the misappropriation of technology by competitors. The provided assistance relates also to the indication of existing controversies in the technological partnership, such as the co-ownership of the developed technology and the revenue sharing and exclusive licensing and exploitation of rights.

In view of the known expertise in innovation law and management of technology and intellectual property rights, our professionals are invited to lead trainings and “workshops” to enable businessmen and public research institutions to manage adequately their intangibles and permit the exploitation of the technologies under the innovation partnerships, as well as lead businessmen to benefit from government financing, subsidies, tax credits and deductibility.