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In this tutorial, Dr. Raman Methyl from the Faculty of Law at the University of Delhi discusses assignments and licenses related to intellectual property rights (IPR). He explains how the owner of intellectual property can transfer rights to others, enabling participation in the exploitation of their works. Dr. Methyl illustrates the prevalence of licenses and assignments in everyday items, such as the licensing involved in the production and consumption of Coca-Cola bottles and the logos on t-shirts. He also mentions that software is similarly subject to licensing activities. The module aims to provide insights into the functions and examples of IPR licensing in various contexts.