Getting full control over your papers at any time is vital to alleviate your daily duties and increase your efficiency. Accomplish any objective with DocHub features for papers management and convenient PDF file editing. Gain access, adjust and save and incorporate your workflows along with other secure cloud storage.
DocHub provides you with lossless editing, the possibility to use any format, and securely eSign documents without having searching for a third-party eSignature option. Maximum benefit from the file managing solutions in one place. Check out all DocHub capabilities right now with your free profile.
In this episode, Andrew Krause, co-founder of EventRight, discusses the fundamentals of licensing contracts. He clarifies the distinction between patents and licensing agreements, noting that while a patent protects an invention, a licensing agreement is a deal with a company that requires them to pay royalties for selling the product. Krause highlights key aspects of licensing agreements, including their necessity and common misconceptions. He points out that many companies are indifferent to patents, as some are willing to pay royalties regardless of patent status. The aim is to provide insights into the basics of licensing in the context of product development and marketing.