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The length of the paper, excluding footnotes, is twenty (20) pages (8.5 x 11 inches).
“Legal issues in international licensing of technology”
Intellectual property is the core of many industrial societies such as the Western, capitalistic, advance countries such as that of the United States, Canada and many other nations. While intellectual property accounts for a huge percentage of many nations’ GDP, protecting it and defining its legal framework is more crucial than ever, especially when we are dealing with its licensing on the international arenas.
The World Intellectual property organization defines IP as: “Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce.
IP is divided into two categories: Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and those of broadcasters in their radio and television programs.”
Protecting this intellectual property both domestically and internationally requires some serious due diligence and support.
This paper will examine a thorough analysis of intellectual property rights in international licensing transactions, particularly covering legal issues that may arise and suggesting ways to strengthen these rights between many United States Multinational companies as well other international licensing alliances in developing and developed countries.
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