Understanding Licenses: What Are They and How to Enforce Them?
Understanding Licenses: What Are They and How to Enforce Them?
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Thomas Jefferson School of Law Class of 2024
What is a License?
Intellectual Property (IP) protection is vital for businesses, inventors, and individuals seeking to safeguard their creative works. But what happens when an IP owner wants to expand their market reach but lacks the resources to do so? One effective solution is licensing. Licensing allows the owner of intellectual property to grant others the right to use their IP without transferring ownership.[1] This can apply to trademarks, technologies, patents, copyrights, and even real estate.