Examlex
_________ is a phenomenon that occurs when demand variations are exaggerated as decisions are made up the chain.
Licensing Agreement
A formal agreement wherein a licensor grants the rights to its intellectual property to a licensee for a specified period.
Royalties
Royalties are payments made to copyright or patent holders, or to authors and musicians, as compensation for the use of their original work.
Kimble V. Marvel
A legal case where the Supreme Court decided on the issue of patent royalties continuing after the patent's expiration.
Patent Expires
The point at which a patent's protection ends, allowing the once-patented invention to be freely made, used, and sold by others.
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