Bradley Smoker Inc.: The Licensing Opportunity

內容大綱
In late 2007, the CEO of British Columbia-based Bradley Smoker Inc. was considering a potential licensing opportunity with Beam Global Spirits & Wine, owner of the Jim Beam brand of bourbon drinks. Bradley Smoker was a small Canadian manufacturer of food-smoking machines and bisquettes, which it sold through a variety of retail channels around the world. The current opportunity would see Jim Beam-branded bisquettes produced from wooden barrels used in the production of Jim Beam bourbon. The CEO was excited by the possibility of co-branding his product with a well-recognized global brand, but was also intimidated about the negotiations and legal aspects of such an agreement. As head of a fast-growing company with many current projects, the CEO wondered if such a deal made sense.
學習目標
This entrepreneurship case has two main objectives:<ul><li>To introduce students to the pros and cons of entering into a licensing agreement by illustrating that licensing can be a powerful partnership opportunity, but one that is not without costs.</li><li>To prompt students to consider how licensing can fit with an entrepreneurial firm’s short- and long-term strategies and priorities, not only by helping students learn about licensing generally, but also by illustrating how small entrepreneurial firms may be at a comparative disadvantage in negotiations.</ul></li>
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