Helpful Information / Articles: Licensing - Overview
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A license is a grant of permission to allow another to make use of intellectual property rights. The intellectual property right may be for a patent, trademark, trade secret, or copyright. The license may even be for technical or business "know-how". A license differs from an assignment of intellectual property rights. An assignment conveys title of the intellectual property. In a license, title of the intellectual property usually stays with the owner (called the "licensor"), rather than being conveyed to the license holder (called the "licensee"). Licenses may be exclusive or nonexclusive.

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