Intellectual Property and the OTA
Many innovative companies have been reluctant to do business with the U.S. Government due to the Intellectual Property requirements that come with a Government contract. This, however, is changing.
In December, the Secretary of the Army published new guidance that changes the Army's position on Intellectual Property to one where the Army needs to decide early in the acquisition their IP requirements for a technology or a system and to work with industry to find the balance that protects the interests of the American people with that of the innovator. With their flexibility to negotiate IP rights, Other Transaction Agreements will be a key tool that the Army will surely use for IP management.