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The Concept… The concept of a “royalty” as an economic construction has a long history. Not surprisingly, the concept relates to the use of the word to describe ancestry – “royal lineage” […]
The Concept… The concept of a “royalty” as an economic construction has a long history. Not surprisingly, the concept relates to the use of the word to describe ancestry – “royal lineage” […]
Patent license agreements are vitally important to many companies. A patent royalty payment goes straight to the bottom line, unlike product sales where materials and overhead must be taken out first. So […]