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In this tutorial, Dr. Raman Methyl from the Faculty of Law, University of Delhi, discusses the concepts of assignments and licenses in intellectual property (IP). He explains how IP rights can be transferred by the owner to others, allowing for participation in the exploitation of their works. Dr. Methyl highlights that licenses and assignments are ubiquitous, providing examples such as the Coca-Cola bottle, which involves various licensing processes from manufacturing to consumption. He also mentions that apparel featuring popular logos, as well as software, are products of licensing activities. The module aims to clarify these IP concepts and their real-world applications.