Concept · Business and metrics

Licensing

Also called: license, licensing deal, license agreement, technology licensing, IP licensing, software license agreement

Letting another party use something you own, such as software, a patent or a brand, in exchange for fees or royalties, while you keep ownership. For software that customers install and run themselves, Common Paper publishes a free, standard template (Software License Agreement).

For example: A university licenses a patented sensor design to a startup in exchange for royalties on each unit sold.

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