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In this module, Dr. Raman Methyl from the Faculty of Law at the University of Delhi discusses the concepts of assignments and licenses in intellectual property (IP). He explains how IP rights can be transferred to others and how owners can involve others in exploiting their IP works. Examples of licensing and assignments are provided, highlighting their prevalence in everyday items. For instance, Coca-Cola's bottles are produced through licensing agreements, and the logos on t-shirts are also a result of such activities. Additionally, the software we use is subject to similar licensing processes, demonstrating the significant role of IP rights in various industries.
