Trademark licensing allows companies to use another company’s trademark for their own products. It began in the late 19th century and has become increasingly widespread. Large companies also finance civic arenas and sports stadiums in exchange for trademark licensing, which has been criticized as “brandalism”. Trademark licensing is a business practice where a company buys […]
A software license is an agreement between the publisher and the user, built into the software or as a paper contract. It restricts duplication, modification, and reverse engineering, and includes a disclaimer. The “shrink software license” is invalid in most courts. Freeware and public domain licenses have fewer restrictions. The software license is an agreement […]
A licensing department issues licenses to individuals and businesses, including driver’s licenses, business licenses, and professional licenses. Different departments may issue different licenses, and businesses may need multiple licenses. Licensing departments may also evaluate driving ability and vehicle safety, monitor licensed professionals, and have the power to suspend licenses for unethical behavior. A licensing department […]
Intellectual property licensing involves an agreement between a licensor and licensee, discussing the modalities and limitations of use, compensation, and dispute resolution. The type of IP determines the contract, and both parties should establish important elements such as limitations, royalties, and modifications. Legal representation is advised for both parties. Intellectual property licensing involves an agreement […]
A licensing agent manages requests for lawful use of copyrighted work, trademarks, and other material. They negotiate agreements and manage contracts for companies with valuable copyrights. Licensing agents promote the copyright they represent and are paid a fee based on a percentage of the final contract. A Licensing Agent is a person who handles requests […]
Licensing laws are used by governments to control market forces and equalize opportunities. They fall into three categories: empowering people, products, and distribution. Licensing is not an independent branch of law but falls under contract, labor, or intellectual property law. Licensing laws regulate professions, product sales, trademarks, copyrights, music, and software. They set out terms […]
Licensing experts help individuals and organizations obtain and maintain licenses. They may work for government agencies, companies, or organizations and require industry experience and good communication skills. They confirm license validity and ensure accurate record-keeping. Licensing experts are familiar with the details of applying for licenses and license maintenance. They might work for government agencies […]
Trademark licensing is when the owner of a brand name allows another company to use it for specific projects or activities. The agreement includes restrictions to protect the owner’s interests and can involve partnerships where the owner receives a portion of revenue. Limitations are set on how the brand name can be used and for […]
Patents protect inventions from infringement, and inventors can negotiate licenses for others to make, distribute, and sell their products. Licensing agreements vary by country and can be exclusive or non-exclusive, with performance obligations and royalty payments. Inventors may prefer lump sum payments instead of royalties. A patent protects an invention against infringement: anyone other than […]
Trademark licensing allows one company to use another company’s trademark, such as a doll maker creating a doll based on a popular cartoon character. The trademark owner maintains the rights to the name and character likeness and can license it to other companies. Trademark licensing began in the late 19th century and has become increasingly […]