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you [Music] you hello friends Im dr. Raman methyl I work at the Faculty of Law University of Delhi in this module we shall be talking about assignments and licenses of intellectual property you that is how intellectual could be transferred by the owner to other persons how the owner of intellectual property can invite others in participating in exploitation of the works in which he has intellectual property rights now where do you find licenses and assignments what are the instances of it we find them all around do we find it here in a bottle of a coke yes the bottle of the coke that we consume comes to us only through the process of licensing of intellectual property there various licenses or assignments involved in the whole process of manufacturing bottling and consumption of these soft drink bottles then the t-shirt that were carrying the logo of a famous of a famous character that comes to us through licensing activity only then software that we consume is also subjected to lice
