76056 Intellectual Property Commercialisation Overview

This subject aims to provide a comprehensive survey of much of the law and some of the business and economics of commercialising and licensing Intellectual Property (IP) rights. The course is interdisciplinary as it explores the business and economic aspects of IP licensing and investment in IP development in the context of a detailed legal framework for IP licensing and investment. It includes consideration of relevant IP laws, competition law, compulsory and voluntary licensing, contract and consumer laws, personal property security (PPS) law, foreign investment laws, and selected issues in international practice. Moreover, the course involves practical skills training in drafting and negotiating licenses as well as practice focused exercises that will give students a better sense of the deal making process in licensing transactions both in Australia and abroad.

This subject includes three parts. Part I explores the business and economic aspects of IP commercialisation and licensing, including the connection of IP and economic development, the scope of a license, how licensors make money, and how business people estimate the economic value of IP and licensing rights. Part II discusses legal considerations in IP commercialisation and licensing, including relevant IP law in both international and domestic levels, competition law, laws related to licensing, IP valuation and securitisation, and selected issues in international practice, including jurisdiction and law enforcement. Part III involves practice or 'skills' training in negotiating and drafting licenses and getting a 'sense of the deal' in licensing transactions.

Typical availability

Autumn semester, City campus
Spring semester, City campus