Key Considerations for Including Furlough Provisions in Contracts

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In this article, we'll explore the benefits of licensing agreements and how they can help you protect and monetize your IP rights.
The Entrepreneur's Perspective
For entrepreneurs, licensing agreements offer a way to leverage their IP assets without having to invest in production or marketing efforts. By licensing their IP to third parties, entrepreneurs can expand their reach and generate income while focusing on other aspects of their business. Additionally, licensing agreements can provide entrepreneurs with access to new markets and distribution channels, allowing them to grow their business without taking on additional risk.
The Corporate Lawyer's Angle
From a legal standpoint, licensing agreements are essential for protecting your IP rights and avoiding potential disputes. By clearly outlining the terms and conditions of the agreement, you can ensure that both parties understand their rights and responsibilities. Additionally, licensing agreements can help you enforce your IP rights and take legal action against third parties who infringe on your intellectual property.
The Investor's Viewpoint
For investors, licensing agreements can be a valuable asset that adds to the overall value of a company. By securing licensing agreements for valuable IP assets, investors can increase the attractiveness of a company to potential buyers or partners. Licensing agreements can also provide investors with a steady stream of income through royalty payments, which can help them recoup their investment and generate a return.
According to a report by the World Intellectual Property Organization (WIPO), licensing agreements play a critical role in the global economy, with IP-intensive industries accounting for 40% of the world's GDP. Additionally, the report found that companies that actively manage their IP assets through licensing agreements tend to be more profitable and experience faster growth compared to their competitors.
Key Benefits of Licensing Agreements

Generate additional revenue streams
Expand market reach and distribution channels
Protect and enforce your IP rights
Enhance company value for potential buyers or partners
Attract investment and generate returns

Sources:
WIPO Economic Research and Data
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By Legal Expert When it comes to contract enforcement, there are significant differences between domestic and international contracts. Domestic contract enforcement primarily involves contracts made within the borders of a single country, while international contract enforcement deals with agreements made between parties from different countries.

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Keeping up with the ever-changing landscape of employment laws is crucial for every employer. With new legislation and updates coming into effect regularly, it's important to stay informed to ensure compliance and avoid costly legal issues. In this article, we will discuss some of the key updates to employment laws that every employer should be aware of.