August 2020
Intermediate to advanced
425 pages
11h 12m
English
Commercialising intellectual property
The Licensing business model deals with creating intellectual property, which is licensed by third parties. The focus is on the question of commercialising the rights (HOW?) rather than realising and capitalising on the IP. An important advantage of Licensing is that rights can generally be sold to more than one interested party. Licensing serves as a means to diversify the company’s revenues and risks (VALUE?). Moreover, since the products and services often experience higher and more rapid rates of diffusion, the brand concerned becomes more recognisable and customers ...
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