Introduction

Intellectual property's increasingly critical role in transnational business ventures is by now widely recognized.[1] With increased importance and value, however, come increased exposure and risk. As national economies become ever more intertwined and large-scale business ever more dependent on transnational activity, IP assets become increasingly subject to the vagaries of doing business in countries whose commitment to property rights may not match that of the right-holder's home states. Governments may impose arbitrary compulsory licenses; courts may refuse to enforce ...