Patent, trade mark, design or plant breeder right give you the exclusive right to your idea. You may, of course, authorize other persons to produce or sell your invention or any part thereof for payment. The license allows you to make money on your own without spending large amounts of money on your own.
The licensee’s obligation of keeping up quality standards or other recommendations of the licensor.
The obligation for the licensor to take appropriate action in the case of infringements of exclusive rights or attempts to invalidate them; determining the role of the licensee in such cases;
In the legislation of many countries the fact of entering (or not) the license into the register maintained by the authority granting exclusive rights results in legal consequences; Entering a license is generally in the interest of the licensee