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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 IPR can be transferred by the owner to others, allowing for collaboration in the exploitation of these rights. Examples of licensing and assignments are prevalent in everyday products, such as the Coca-Cola bottle, which is produced and consumed through various licensing processes. Similarly, licensed logos on t-shirts and software usage also illustrate the application of intellectual property licensing. The module aims to clarify these concepts and their significance in both production and consumption.