Collaboration: legal frameworks available
At a workshop today,19 Jan 2006, in Belfast entitled Legal Frameworks to support clusters and networks, Marco Conte of Collaborative Engineering (Rome) presented a unique set of Model Contracts developed by the EU Alive Project which provides detailed guidelines and templates covering the pre-contract, contract and post-contract aspects of collaboration for businesses cooperating in virtual networks and clusters.
The Alive Model Contracts contain 3 detailed templates
- Letter of Intent (LOI)
This is a pre-contractual bi-lateral agreement between a network business and the network “Business Integrator” used in the opportunity evaluation phase.
- Virtual Enterprise Agreement (VEA)
This is a very detailed agreement between every member of the network and covering all aspects of internal relations (e.g. IP), external matters (e.g. future relationships and ownership of customers) and hybrid matters (such as liability and dissolution of the virtual enterprise).
- Memorandum of Understanding (MOU)
This is an optional consortium agreement that can be used before a VEA is created if it is particularly important to create clarity around the roles and IP.
A full set of Model Contracts can be downloaded from the download area of the project web-site.
Bioteams Books Reviews
Networks competing with networks is the future for supply chains. Harvard Professor Marco Iansiti in his book "The Keystone Advantage: What the New Dynamics of Business Ecosystems Mean for Strategy, Innovation and Sustainability" predicts that the future business competition will not be between companies or even supply chains but between networks.