Results for tag: "Intellectual Property Leasing"

Intellectual Property Leasing (IPL) is a form of leasing that involves the transfer of intellectual property rights from one party to another. It is a contractual agreement between two parties, the lessor and the lessee, in which the lessor grants the lessee the right to use the intellectual property for a specified period of time. The lessee pays a fee to the lessor for the use of the intellectual property. The lessor retains ownership of the intellectual property and can terminate the agreement at any time. IPL is used by companies to gain access to intellectual property without having to purchase it outright. It can also be used to monetize intellectual property that is not being used. IPL can be used to transfer technology, patents, trademarks, copyrights, and other forms of intellectual property. Some companies in the IPL market include IBM, Microsoft, Apple, Google, Amazon, and Oracle. Show Less Read more