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In this module, Dr. Raman Methyl from the University of Delhi discusses the assignments and licenses of intellectual property (IP). He explains how IP rights can be transferred by the owner to others and how participation in the exploitation of IP can be facilitated. The video highlights examples of licensing and assignments in everyday items, such as the manufacturing and consumption of soft drink bottles, which involve various licenses, and branded t-shirts featuring famous logos. Software usage is also mentioned as an area where licensing is essential. The tutorial aims to illustrate the prevalence and importance of IP licensing in various sectors.