licensing models

Licensing models determine how intellectual property, like software or creative works, can be used by others. Common types include: 1. **Exclusive licensing**: Only one party can use the property. 2. **Non-exclusive licensing**: Multiple parties can access the same property. 3. **Perpetual licensing**: Users own the rights indefinitely after purchase. 4. **Subscription-based licensing**: Access is granted for a specific period, usually requiring regular payments. 5. **Open-source licensing**: Users can use, modify, and share the property freely under certain conditions. These models help protect creators’ rights while allowing others to use their work.