Licensing Intellectual Property

ANALYSIS OF THE INTERNATIONAL BUSINESS RISKS AND BENEFITS: Legal, Political, and Economic analysis of United States and proposed trading country (50 points)Describe and provide an analysis of domestic (United States) laws and regulations that will likely apply to your business activities (i.e. UCC, import/export regulations, labor laws, restrictions on licensing intellectual property rights, consumer safety standards, etc.) This should include a brief overview of major treaties that may apply to your business (i.e. UNCITRAL treaties (includes CISG and COGSA) WIPO Conventions, etc.).Describe and provide an analysis of your chosen country’s legal system (common law, civil law, theocratic). How will this affect your business activities?Describe and provide an overview of major laws and regulations in your chosen country that will likely apply to your business activities (i.e. consumer protection laws, tariffs/non-tariff barriers, health and safety regulations, intellectual property protection laws (if applicable), trade laws, WTO rules] This should include a brief overview of major treaties your chosen country is party to that may apply to your business activities.Describe and provide an analysis of logistical issues your company will face. Are you shipping goods overseas via ocean or air transport? What kind of insurance will your company require (marine/air cargo/etc.)? Are you purchasing a factory abroad? What kind of payment terms and/or insurance should you have?Analyze the risk of being sued in your chosen country. Describe your chosen country’s trade area and cultural, including important geographic and demographic information, important customs and traditions, other pertinent cultural information, competitive advantages and disadvantages for company negotiations