Intellectual activity results as an object of investment agreements

Anna Kotova-Smolenskaya, Associate Partner at the Law Firm "YUST", Advocate, Doctor at Law Denis Shumskiy, Advocate at the Firm

Issues of modernization and technical development of the Russian economy are widely debated nowadays. It has been ascertained by the highest ranking officials that the raw materials exportation model has exhausted itself. A number of ways to provide for a long-term stable increase of the well-being of Russian citizens, of national security, of dynamic development of the economy, of strengthening the position of Russia in the world have been stated in the Concept for long-term social and economic development of the Russian Federation. One of them is the transfer to the innovative development type: making a man’s intellect and creative potential the leading factor of economic growth and national competitiveness.

The readers of the article will learn:

• What complications arise when establishing the rightholder to intellectual activity results created before Part Four of the Civil Code of the Russian Federation entered into effect;
• What intellectual activity results are of interest for investment activity;
• What methods of inclusion of scientific research products into commercial circulation exist;
• How to neutralize legal risks accompanying the inclusion of scientific research products into commercial circulation.

Full text of the article is available in the printed version of the “Legal Insight” magazine № 5(6), 2011.