License

A license may be granted by a party ("licensor") to another party ("licensee") as an element of an agreement between those parties. A shorthand definition of a license is "an authorization (by the licensor) to use the licensed material (by the licensee)."

In particular a license may be issued by authorities, to allow an activity that would otherwise be forbidden. It may require paying a fee and/or proving a capability. The requirement may also serve to keep the authorities informed on a type of activity, and to give them the opportunity to set conditions and limitations.

Intellectual property

Term: many licenses are valid for a particular length of time. This protects the licensor should the value of the license increase, or market conditions change. It also preserves enforceability by ensuring that no license extends beyond the term of IP ownership.

Territory: a license may stipulate what territory the rights pertain to. For example, a license with a territory limited to "North America" (United States/Canada) would not permit a licensee any protection from actions for use in Japan.

Mass licensing of software

Mass distributed software is used by individuals on personal computers under license from the developer of that software. Such license is typically included in a more extensive end-user license agreement (EULA) entered into upon the installation of that software on a computer. Typically, a license is associated with a unique code, that when approved grants the end user access to the software in question.

Under a typical end-user license agreement, the user may install the software on a limited number of computers.

The enforceability of end-user license agreements is sometimes questioned.

Trademark and brand licensing

Artwork and character licensing

Artistic license is, however, not related to the aforementioned license. It is a euphemism that denotes approaches in art works where dramatic effect is achieved at the expense of factual accuracy.

==Academia== :National examples of the License are listed at Licentiate

A licence is an academic degree. Originally, in order to teach at a university, one needed this degree which, according to its title, gave the bearer a licence to teach. The name survived despite the fact that nowadays a doctorate is typically needed in order to teach at a university. A person who holds a license is called a licentiate.

In Sweden, Finland, and in some other European university systems, a licence or 'Licentiate' is a postgraduate degree between the master's degree and the doctorate. The Licentiate is a popular choice in those countries where a full doctoral degree would take five or more years to achieve.

In some other major countries, such as France, or Belgium or Poland, a licence is achieved before the master's degree (it takes 3 years of studies to become licentiate and 2 additional years to become Master) in France, while in Belgium the licence takes 4 years while the master itself takes 2 more years. In Switzerland, a licence is a 4-year degree then there is a DEA degree which is equivalent to the Master's degree. In Portugal, before the Bologna process, students would become licentiates after 5 years of studies (4 years in particular cases like Marketing, Management, etc.; and 6 years for Medicine). However, since the adoption of the Bologna Process engineering degrees in Portugal were changed from a 5 year licence to a 3 year licence followed by 2 years for the MSc: Not having the MSc doesn't confer accreditation by the Ordem dos Engenheiros)

See also

Other:

References

External links

UK Legislation

Wikibooks

Category:Business law Category:Strategic alliances