Licensing provides an option to commercialise #IntellectualProperty, i.e. bringing IP to the market in order to be exploited.
#IntellectualProperty commercialisation can take different forms.
Click here to read about commercial licence agreements:
👉 https://europa.eu/!hfJffX
🐦🔗: https://nitter.eu/EUPublications/status/1589882924945801218