One Huge Potential Problem with Licensing Is

question 56

Multiple Choice

One huge potential problem with licensing is

• A)the licensee may seek to imitate the innovation themselves.
• B)the innovator is wholly dependent on the licensee's commitment and effectiveness.
• C)the innovator cannot issue another licence.
• D)the licensee may be a bad payer.

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Definitions:

Intellectual Property

Legal rights assigned to inventions, designs, artistic works, and symbols, protecting them from unauthorized use.

Unauthorized Use

is the access or use of a resource, device, or property without permission from the owner or governing body.

Copyrights

Legal rights given to creators for the protection of their original work, preventing unauthorized use.

Corporate Values

The fundamental beliefs or guiding principles that dictate the behavior and action of a business or organization.