Browsing by Author "Worku, Dagnachew"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Valuation and Commercialization of Intellectual Property Rights in Ethiopia
    (Addis Ababa University, 2016-01) Worku, Dagnachew
    In the contemporary knowledge based economy, the contribution of intellectual property to economic growth and business enterprise value, especially in developed countries is increasing. Though the share of intellectual property rights to the country‘s economic growth is not paramount as of today, the Ethiopian intellectual property system has prescribed and protected patent, copyright and trademark. Valuation opinion on intellectual property rights is necessary for collecting the appropriate income tax from related party transactions, awarding infringement damages, preparing financial statements, assignment and licensing that appropriate prescriptions are crucial to guarantee certainty. Assignment, securitization and licensing are the usual legal vehicles to commercialize intellectual property. There are rules that meant to govern such vehicles in the existing Ethiopian laws. The thesis examines the adequacy of the existing rules on valuation of intellectual property for taxation, disclosure in financial statements, intellectual property infringement damages determination, assignment and licensing. It also evaluates the sufficiency of the rules on assignment, licensing and securitization of intellectual property rights in Ethiopia. On the basis of the investigations, it concludes that the rules on valuation and commercialization of intellectual property rights in Ethiopia are inadequate in terms of existence, clarity or tenability and recommends specific measures aimed at addressing these insufficiencies.