Document background
A Letter of Intent for Research Collaboration is a crucial preliminary document used when two or more parties plan to engage in joint research activities but need to establish initial terms before committing to a full agreement. This document, governed by Hong Kong law, typically precedes more comprehensive research collaboration agreements and includes key provisions regarding confidentiality, intellectual property framework, and resource commitments. It helps parties align their expectations and objectives while providing certain binding provisions (such as confidentiality and exclusivity) during the negotiation phase. The document is particularly important in Hong Kong's dynamic research and development landscape, where international collaborations are common and intellectual property protection is crucial.
