# Licensing

Concept · [Business and metrics](https://ecosystem.samcarlton.com/business)

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](https://ecosystem.samcarlton.com/intellectual-property) or a brand, in [exchange](https://ecosystem.samcarlton.com/turn) for fees or royalties, while you keep [ownership](https://ecosystem.samcarlton.com/equity). For software that customers install and run themselves, [Common Paper](https://ecosystem.samcarlton.com/common-paper) publishes a free, standard template (Software License Agreement).

**For example:** A university [licenses](https://ecosystem.samcarlton.com/per-seat-pricing) a patented sensor design to a startup in [exchange](https://ecosystem.samcarlton.com/turn) for royalties on each unit sold.

## Connects to (9)

- [Intellectual property](https://ecosystem.samcarlton.com/intellectual-property): Things you create that can be owned, such as code, designs, brand names and inventions.
- [Revenue share](https://ecosystem.samcarlton.com/revenue-share): An arrangement where partners split the revenue a product or deal brings in by an agreed percentage, instead of a fixed fee.
- [White label](https://ecosystem.samcarlton.com/white-label): A product or service made by one company that another company sells under its own name.
- [Trade secret](https://ecosystem.samcarlton.com/trade-secret): Valuable business information, such as a formula, algorithm or process, that is protected by keeping it secret rather than by registering…
- [Common Paper](https://ecosystem.samcarlton.com/common-paper): A contract company for startups that publishes free, standard agreements anyone may use and modify, along with software for sending…
- [Audio stem](https://ecosystem.samcarlton.com/audio-stem): One part of a song exported as its own audio file, such as only the drums or only the vocals, so others can remix or mix it.
- [Joint development agreement](https://ecosystem.samcarlton.com/joint-development-agreement): A contract between two organizations that build something together.
- [Spinout](https://ecosystem.samcarlton.com/spinout): A new, separate company created from part of an existing company, university or lab, often taking a product, team or technology with it.
- [Original equipment manufacturer](https://ecosystem.samcarlton.com/original-equipment-manufacturer): A company that makes products or parts that another company sells or builds into its own products, often under the other company's brand.

Map view: https://ecosystem.samcarlton.com/licensing