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A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation. A…
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royalty royalties may licensee rate technology license one licensor patent right product profit use rights value price property sales used
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Royalty payment | is a | payment made by one party to another that owns a particular asset | 0.90 | text |
| a patent right gives the owner an exclusive right to prevent others from practicing the patented technology in the country issuing the patent for the term of the patent | instance of | An intangible asset | 0.80 | text |
| Australia | instance of | Some countries prescribe and others | 0.80 | text |
| do not prescribe | instance of | Some countries prescribe and others | 0.80 | text |
| the maximum royalty that can be received | instance of | Some countries prescribe and others | 0.80 | text |
| Australia's are not retrospective at all | instance of | Some schemes involve varying degrees of retrospective application and other schemes | 0.80 | text |
| a ceramic | instance of | heirs receive royalty for 20 years.The royalty applies to any work of graphic or plastic art | 0.80 | text |
| collage | instance of | heirs receive royalty for 20 years.The royalty applies to any work of graphic or plastic art | 0.80 | text |
| drawing | instance of | heirs receive royalty for 20 years.The royalty applies to any work of graphic or plastic art | 0.80 | text |
| engraving | instance of | heirs receive royalty for 20 years.The royalty applies to any work of graphic or plastic art | 0.80 | text |
| glassware | instance of | heirs receive royalty for 20 years.The royalty applies to any work of graphic or plastic art | 0.80 | text |
| lithograph | instance of | heirs receive royalty for 20 years.The royalty applies to any work of graphic or plastic art | 0.80 | text |
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