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How to OCR Licensing Agreement

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hello and welcome to another in bent right comm youtube show my name is Andrew Krause I co-founded an event right with Stephen key over 18 years ago so on this show I want to talk about licensing contracts and just really its really the basics what is a licensing contract as in a previous video I explained that sometimes when people are utilized in saying they dont know the difference between a patent and what is licensing and what is a patent so patent is just protecting something and a licensing agreement is your agreement with the company that you do a deal with so that they have to pay royalties while they sell the product so I wanted to cover a little bit more about what is a licensing agreement why do you need one and cover a few things that shock people a good percentage of a percentage of our students when they do a licensing agreement the company doesnt care about a patent now some dont care at all say oh no yeah well pay you a royalty we we we dont really do patents an

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What is software license optimization?

Software License Optimization (SLO) is a term used to describe a range of capabilities that complement traditional IT Asset Management and that provide organizations with the ability to maximize use of their procured software licenses while minimizing spend associated with those licenses.

What is a license in economics?

A licensing agreement allows one party (the licensee) to use and/or earn revenue from the property of the owner (the licensor). Licensing agreements generate revenues, called royalties, earned by a company for allowing its copyrighted or patented material to be used by another company.

Why is licensing important for a business?

A business license is a government document that certifies a business is safe for the public. Exactly which kinds of licenses you require depends upon the kind of business you operate and where you operate it.

What is the purpose of licensing?

Licensure provides permission to practice in a particular field. Careers which require licensing typically require a specialized skill, are deemed dangerous or affect the general public. Examples of careers requiring licensure are physicians, dentists, nurses, pilots, lawyers, accountants and psychologists.

Why is licensing important in healthcare?

The purpose of licensure is to show that the professional meets an industry- or state-approved quality standard. That way, practitioners throughout the healthcare sector, as well as patients, will understand that the individual possesses the prerequisite knowledge needed to perform the duties of the role.

How do you explain licensing?

A license is an agreement through which a licensee leases the rights to a legally protected piece of intellectual property from a licensor the entity which owns or represents the property for use in conjunction with a product or service.

What is an OCR license?

OCRs License Management allows corporations to automatically monitor any authorization, and all documents relevant to international trade.

What does licensing mean in business?

In business, license refers to a formal agreement that gives a company the right to manufacture, distribute, sell, or otherwise use a product, brand, or technology owned by another company.

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