An Introduction to Licensing Your Product to Third Parties
- Price: £3.60
- Published: July 2013
- Type: Business Information Factsheet
- Format: PDF
If you own the intellectual property (IP) in a product or service, because you have designed or invented the product, or have written music or text, you have certain rights over the IP. You may consider entering into a licensing agreement with another business so that they can exploit your IP through manufacturing, marketing or distributing your product.
This factsheet describes what a licensing agreement is and when you should consider using one. It also examines the different types of licensing agreements and licensing your product internationally.