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"Demand-backward" pricing:
Patent Agreement
A legal contract in which a patent owner allows another party to use, sell, or manufacture the patented invention for a specified period, usually in return for royalties.
Non-patented
Refers to inventions, designs, or processes that are not protected by a patent.
License
Official permission or permit to do, use, or own something, often issued by a governing authority.
Design Patent
A form of legal protection granted to the ornamental design of a functional item, providing an exclusive right to the design's use.
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