Leasing of intellectual property and similar products, except copyrighted works

NACE v2.1 Code: O77.40

About leasing of intellectual property and similar products, except copyrighted works

NACE code 77.40 covers the leasing of intellectual property and similar products, excluding copyrighted works. This industry plays a crucial role in the modern economy by enabling businesses and individuals to access valuable intangible assets without the need for outright ownership. By leasing patents, trademarks, franchises, and other intellectual property, companies can leverage these resources to drive innovation, enhance their competitiveness, and expand their market reach.

Production process

The core activities within this industry involve the negotiation and management of leasing agreements for intellectual property. This typically includes assessing the value of the asset, determining appropriate lease terms, and ensuring compliance with relevant legal and regulatory frameworks. Professionals in this field often utilize specialized software and databases to track and manage the leasing of various intellectual property rights.

Production inputs

The primary inputs required for the leasing of intellectual property and similar products include a diverse portfolio of intangible assets, such as patents, trademarks, industrial designs, and trade secrets. Additionally, this industry relies on skilled professionals with expertise in intellectual property law, valuation, and contract management. Access to legal and financial resources, as well as robust data and information systems, are also essential inputs for the effective operation of this industry.

Production outputs

The outputs of this industry are the leasing agreements and associated services provided to businesses and individuals seeking to access intellectual property and similar products. The lessees of these intangible assets may come from a wide range of industries, including 72.11 Research and experimental development on biotechnology, 62.01 Computer programming activities, and 71.12 Engineering activities and related technical consultancy, among others. By leasing these valuable resources, lessees can enhance their competitive advantage, accelerate product development, and explore new market opportunities.

Revisions to 77.40

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 77.40. The most recent 1 version of this code (77.40) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 77.40.

Family tree for leasing of intellectual property and similar products, except copyrighted works

    graph LR
    A["<a href='/classifications/nace/v2-1/O'>O: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/O/77'>77: Rental and leasing activities</a>"]
B --> C["<a href='/classifications/nace/v2-1/O/77/4'>77.4: Leasing of intellectual property and similar products, except copyrighted works</a>"]
C --> D["<a href='/classifications/nace/v2-1/O/77/40'>77.40: Leasing of intellectual property and similar products, except copyrighted works</a>"]

    
    

    %% Color coordination by level

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    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4

  class D highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class D highlight