Monthly archives: August, 2023

License Agreement Partner

A license agreement partner is a strategic business partner that licenses a company`s intellectual property for use in their own products or services. This partnership benefits both parties: the licensor gains revenue from the licensing agreement, while the licensee gains access to valuable intellectual property to improve their own offerings. When a company enters …

Lofoten Agreement

The Lofoten Agreement: An Overview In December 2010, a group of Norwegian political parties signed the “Lofoten Agreement,” a political compromise designed to protect sensitive marine ecosystems from oil drilling and exploration. The agreement, named after the Lofoten Islands in Norway where the oil reserves lie, aimed to prevent oil drilling in the area …