IP Licensing Agreements as They Relate to Specific Forms of IP

IP licenses are also conditioned by the particular form of IP in question and the needs of the particular industries that have developed out of that form of IP. This is further explained in the examples below.

COPYRIGHT: CREATIVE COMMONS LICENSES

In the case of copyright, copyright holders who want to make their works as publicly accessible as possible can choose to license their works over the internet using a Creative Commons license system.

These licenses offer very open or generous license terms for users. To view an example of the Creative Commons licensing agreement visit http://creativecommons.org.

COMPUTER SOFTWARE: OPEN SOURCE LICENSES

A good example of industry specific licensing practices involves computer software, which, as we have seen, can be protected by copyright as well as by patents, in certain countries. Open source license systems have a similar underlying objective to Creative Commons licensing and other open license arrangements.

Lessons Learned

When you are developing your IP portfolio, you should bear in mind that your IP can be monetized independently of your primary business activities. . Licensing all or parts of your IP to third parties is an important mechanism to be considered as you develop your IP strategy.

Last modified: Wednesday, 18 April 2018, 1:38 PM