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Licensing and Contracting Intellectual Property Internationally

In: Understanding and Profiting from Intellectual Property

Author

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  • Deli Yang

Abstract

This chapter extends previous discussions to detail the strategy of licensing IP in the IB context. First, it explains the basic categorizations of licensing activities. Second, the different types of possible relationship between licensing partners are spelled out. Third, the chapter emphasizes the importance of using negotiating skills to arrive at a successful international IP licensing contract. Finally, it focuses on what should be included in a licensing contract to stress the fundamental importance of signing as thorough a contract as possible. The importance of a cooperative manner in implementing the contract for the mutual benefit of the contracting parties is underlined.

Suggested Citation

  • Deli Yang, 2008. "Licensing and Contracting Intellectual Property Internationally," Palgrave Macmillan Books, in: Understanding and Profiting from Intellectual Property, chapter 10, pages 219-250, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58207-1_10
    DOI: 10.1057/9780230582071_10
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