Introduction
As China's cross-border technology trade develops, the
number of disputes arising from international Intellectual Property
contracts gradually increases. Many parties involved in
international business prefer arbitration as their dispute
resolution mechanism, because arbitration is confidential and its
decisions can be enforced in different jurisdictions. Loads of
international technology license agreements contain arbitration
provisions whereby the parties agree on how to settle IP related
disputes. IP disputes that will be arbitrated usually include:
whether the licensee's use exceeds the licensed scope; issues
concerning the licensee's disclosure of the licensor's
technology; and the licensee's unauthorized sub-license of the
licensor's technology. The value of an IP right, as an
intangible property right, lies in a right owner's exclusive
right to use the technology or business resources which constitute
the subject matter of the right. Therefore it
