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Other Fields Homework Help Business Topic started by: Braca643 on Jun 17, 2018



Title: Explain the licensing process.
Post by: Braca643 on Jun 17, 2018
Explain the licensing process.


Title: Explain the licensing process.
Post by: pdpd on Jun 17, 2018
 In a licensing agreement, the licensor leases the rights to use its intellectual property to the licensee. The licensee uses the intellectual property to create products for local sale. It then pays a royalty back to the licensor. The licensor is able to earn new revenues with relatively low investment.