For an individual or business that owns a piece of intellectual property like a patent, trademark or copyright, licensing that IP can be a valuable income stream. But you need to be careful to avoid a mistake that could cause problems and even potentially lead to...
A license allows you to use the intellectual property of someone else or vice versa. INC explains licensing agreements can come in handy if you wish to capitalize on something someone else owns. For example, it would be financially beneficial to sell items featuring...
Having a license agreement is important in certain situations. This legal contract outlines details and terms between a licensor and licensee. Although each agreement will contain unique elements to the situation, most licensing agreements will contain similar basic...
Having the ability to use someone else's work can be quite beneficial in business. You do have to follow laws that require you to get permission to use this work, but if you do it correctly, it can beneficial for everyone. Inc. suggests that when you secure...
A licensing agreement provides another entity the right to use, sell, distribute, or profit from your intellectual property. Patents, trademarks, copyrights and other forms of IP can potentially drive profit for the owner with a carefully crafted license. Consider...
Those who are involved in the entertainment and intellectual property industries have to be aggressive about protecting their rights. The world is full of willful wrongdoers and those who are ignorant of the law, which can mean that the rights of individuals and...
Marketing is ubiquitous in society nowadays. Social media, targeting online marketing, and massive television campaigns are commonplace. Oftentimes, companies utilize endorsements to help sell their products and services. However, since access to information about...
Intellectual property can carry a significant amount of value. A brand can be distinguished by and build a reputation on its trademarks, and copyrights and patents can be a major source of income.When any of these forms of intellectual property are infringed upon,...
Among the things that can have major economic implications for songwriters and other individuals in the music industry are copyright matters. So federal copyright law regarding music can be very impactful for these entertainment professionals. Such law could soon be...
Companies interested in leveraging market trends rely on intellectual property licenses to protect their rights and interests. These IP licenses constitute the very backbone of entrepreneurial and corporate profitability. Unfortunately, far too many IP firms base...
