77400

Operational Leasing without Intellectual Property Rights, Excluding Copyrighted Works

This group includes businesses that allow others to use non-financial assets where royalty or license fee payments are made to the asset holder. The use of these assets can take various forms, such as reproduction rights, use in subsequent processes or production, operating a business under a franchise system, and others. Intellectual property owners can be both the creators of the property or not. The activities covered include operational leasing of intangible intellectual property (excluding copyrighted works like books or software) and the receipt of royalties or license fees for the use of patented entities, trademarks and service marks, brand names, mineral mining/exploration rights, franchise agreements, and other intangible intellectual property.