774000 Leasing of intellectual property and similar products, except copyrighted works
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774000 Leasing of intellectual property and similar products, except copyrighted works
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This type includes the activities of allowing others to use intellectual property products and similar products for which a royalty payment or licensing fee is paid to the owner of the product (in other words, the asset holder). The leasing of these products can take various forms (for example, permission for reproduction, use in subsequent processes or products, operating businesses under a franchise). The current owners may or may not have created these products.
This type includes:
- leasing of intellectual property products, except copyrighted works (e.g. books, software)
- receiving royalties or licensing fees for the use of:
- patented entities
- trademarks or service marks
- brand names
- mineral exploration and evaluation
- franchise agreements
- internet domains
- rights of designed or developed board games
This type also includes:
- receiving royalties or licensing fees for scientific research results
This type excludes:
For licensing activities, choose Section 58 if the business licenses copyrighted works (such as books, software, music, or games), typically involving content they created or published. Choose Section 77 if the business licenses industrial property (such as patents, trademarks, or franchise rights) without being involved in publishing or content creation.
The sale of intellectual property rights (IPR) is to be classified under 749100, whereas the leasing or licensing of IPR is classified under 774000.