Developing an Internet and Wireless License Agreement for Motion Pictures and Television Programming, Frumes, H.M., Cleary, S., &Brennan, L. (2006). J. Int`l Media &ent. L., 1, 283. The author talks here about how the wireless license agreement was introduced due to the availability of the Internet that made it possible. The article highlights how wireless mode was achieved through the use of movies and TV programs. Christian, Glynna K. “Understanding Joint Ventures: Licensing Issues.” The Licensing Journal.
October 2005. Another important element of a licensing agreement sets the timing of the agreement. Many licensors insist on a strict market release date for products licensed to external manufacturers. Finally, it is not in the best interests of the licensor to grant a license to a company that never markets the product. For example, Bhattacharya, Glazer and Sappington (1992) have taken into account the need for companies purchasing licences to invest more to develop marketable products. [16] Schmitz (2002, 2007) showed that due to selection or moral risks, asymmetric information can lead the research laboratory to sell more licenses than would be taken into account in complete information. [17] [18] Antelo and Sampayo (2017) examined the optimal number of licenses in a signalling model. [19] Licensing agreements are often used for the commercialization of technologies. The bargaining power of both parties to a licensing agreement often depends on the nature of the product. For example, a film studio that conceded the image of a popular superhero to an action character manufacturer could have considerable bargaining power in this negotiation, as the manufacturer will likely benefit from such a deal. In the United Kingdom, prisoners who serve a certain sentence (a firm time in prison) are released “under licence” before the completion of their full sentence.
[11] The license is the prisoner`s agreement to maintain certain conditions, such as. B regular reporting to a probation officer and to a single authorized address, in exchange for early release. . . .