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Journal of Technology Law & Policy

Document Type

Article

Abstract

This paper is about the promise that intellectual property holds for generating wealth from international trade. The U.S. government and U.S. corporations have employed various means to secure the benefits of selling intellectual property abroad. The most flexible and useful method of transferring this form of property is the licensing agreement. However, for a licensing agreement to work, the intellectual property must first be recognized as “property” to be protected by law by the countries of both the licensor and the licensee. Not all countries recognize and protect intellectual property. This paper discusses the perils associated with licensing intellectual property abroad and the methods for securing the wealth generated by this important form of property.

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