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In this tutorial, the speaker addresses the often-confused concepts of intellectual property ownership and licensing in client agreements. They clarify that assigning ownership, often termed "work for hire," involves relinquishing all rights and control of the created intellectual property to another party. It’s important to include clear language in agreements to ensure ownership is effectively assigned. In contrast, a license allows the original creator to retain some rights while permitting the other party to use the intellectual property under specific terms. The distinction between ownership and licensing is crucial in terms of how intellectual properties are transferred.
