Ownership

An aspect of the outsourcing contract's Terms and Conditions. Specifies when any change of title to products occurs. It also specifies intellectual property rights. "Intellectual property" is intangible and involves some degree of creative effort, such as software design. This clause protects both parties' rights to retain control over their intellectual property, including the rights to their use, publication and copying.

Contributed by: ITANZ, Information Technology Association of New Zealand