The multi-million dollar technology licensing agreement was in danger of falling apart. It was the end of September 2001, some months earlier, The University of Western Ontario (UWO years) Industry Liaison Office had signed a conditional agreement with a large pharmaceutical company in the entire People’s Republic of China (PRC). The agreement allows the company to develop specific technologies at UWO in health products to be marketed in the PRC to use. The agreement was condit … Read more »

The multi-million dollar technology licensing agreement was in danger of falling apart. It was the end of September 2001, some months earlier, The University of Western Ontario (UWO years) Industry Liaison Office had signed a conditional agreement with a large pharmaceutical company in the entire People’s Republic of China (PRC). The agreement allows the company to develop specific technologies at UWO in health products to be marketed in the PRC to use. The agreement was subject to ratification no later than 31 Signed in October 2001 – but the World Trade Center and the Pentagon attacked within this period, terrorists. In the months immediately after 11 September 2001, the appetite of the People’s Republic of China was greatly reduced for the purchase of Western technology, and the PRC for Foreign Trade and Economic Development Ministry continues to delay the ratification of the Agreement. UWO’s legal counsel, Peter Ross, was asked by his university, define the parameters and possible alternative courses of action, in which a decision about what the university could do could be done in this situation. The learning objectives of the case are: 1) to become aware of the forms of intellectual property (IP) that may be involved involved in international cooperation, the possible difficulties and risks in IP sharing, the type of contracts that are up to drawn can minimize the risks and the legal framework, can be solved within which disagreements 2) to become aware of how to develop different partner countries respect or allegedly violate rights to IP and commercial transactions generally 3), strategies for dealing in this environment.
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from
Frederick Keenan
Peter Ross
Source: Ivey Publishing
5 pages.
Release Date: 20, March 2009. Prod #: 909M29-PDF-ENG
PRC & Peter Ross HBR case solution

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