In a typical licensing agreement, after the relationship is established, the licensor is required to be directly involved in the market and provide ongoing managerial guidance.

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In a typical licensing agreement, the licensor is not required to be directly involved in the market or provide ongoing managerial guidance. Once the license is granted, the licensee is responsible for utilizing the intellectual property and managing their business operations. The licensor may provide some level of support or guidance, but it is not a requirement of the agreement.

In a Typical Licensing Agreement, After the Relationship Is Established