Practices

Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee. A licensing agreement refers to a legal, written contract between two parties. The agreement, which is set between the licensor (the property owner) and the licensee (the permitted party), lays out the expectations of what is required of both parties.

The best way to create a licensing agreement is through a lawyer. By getting professional help, you lay out the proper foundation for a relationship with the other party. If you don't do so, you open yourself up to a lot of financial and legal hurdles.

Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. With the advent of digital information systems, the scope has expanded to include electronic publishing such as ebooks, academic journals, micropublishing, websites, blogs, video game publishing, and the like. 

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Publication may also involve but is not limited to:

• The process of giving formal notice to the world of a significant intention, for example, to marry or enter bankruptcy.

• The essential precondition of being able to claim defamation; that is, the alleged libel must have been published.

• Copyright purposes, where there is a difference in the protection of published and unpublished works.

Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider, or using indirect channels with distributors or intermediaries. Typically involves a legal agreement that allows a person or company to sell another company’s products or services in a particular area or country.