National Cooperative Research and Production Act
Encyclopedia
The National Cooperative Research and Production Act (NCRPA, P.L. 103-42) is a United States federal law that reduces potential antitrust liabilities of research joint venture
s (RJV) and standards development organizations (SDOs).
The NCRPA replaced the earlier National Cooperative Research Act of 1984 (P.L. 98-462)
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
s (RJV) and standards development organizations (SDOs).
The NCRPA replaced the earlier National Cooperative Research Act of 1984 (P.L. 98-462)