It is very important that potential participants first define which information is going to be used and shared in the project according to its purposes. Registration of IP rights is generally needed to get legal protection and exclusive use of intangible assets. Thus, potential participants should also verify whether the IP assets they identified have been protected as IPR (e.g. patent, industrial design).
Once IP assets are defined and protected, it is essential to consider the appropriate conditions to use and share them within the project, for instance, any economic terms if applicable. In case it is necessary to use any IP belonging to a third party, it is advisable to get adequate authorisations to avoid any future infringement.
Finally, before exchanging information consortium partners should enter in appropriate confidentiality agreements.