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Book Review: Licensing Intellectual Property 1998: International Regulation, Strategy, and Practices

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Vincent
AutorLeif Gamertsfelder
CargoIT Group. Deacons Graham & James Brisbane, Australia.

Although the title may suggest otherwise, it must be noted from the outset that the focus of this work is squarely on patent licensing and competition issues in the European Union, United States and Japan. However, the title is not inappropriate as the work does give the reader an insight into many intellectual property licensing and competition issues at a general level.

Having identified the focus of the work, it is important to acknowledge the important contribution the author makes to the subject area. In a world that is increasingly referred to as a "global village", technology plays a crucial role. Accordingly, it is necessary that those involved in licensing technology and patents understand the forces that drive different licensing strategies. In this context, this work provides a useful resource as it achieves the author's goal of revealing "the incentives, the market forces, and the law that will determine the profits or other advantages gained from alternative licensing strategies."

The work is a supplement to Licensing Intellectual Property: Legal, Business, and Market Dynamics (published in 1996 by the same author) and even though it is promoted as a stand alone work, those who read it together with the main volume will derive greater rewards. Indeed, this is almost essential because the supplement contains extensive references to the main volume.

A feature of the work that places it in sharp relief to works covering similar subject matter is its in-depth coverage, especially in the first chapter, of the "purposes and methods of enforcing antitrust and competition policy limits on licensing practices in the United States, EU and Japan."

Subsequent chapters build on this feature by providing detailed coverage of the antitrust and competition regimes in each jurisdiction. An extensive examination of the US regime is particularly useful due to the broad extraterritorial operation of that legislation.

Included in the discussion of the various legislative regimes in the US, EU and Japan is another of the work's significant features; a lengthy discussion of the policies...

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