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If the government issues a fixed number of licenses to manufacture goods or provide services, the wages received by those with licenses may increase.

What is Licensing as a Service (LaaS)?

LaaS is a modern approach to software licensing that allows vendors to support a wide variety of software and application licenses without requiring an internal licensing engine.

Are software licenses goods or services?

Software development fits pretty well into the "service" category. However, if you also sell goods, you must also provide a consumer guarantee for the goods. It is important to obtain legal advice regarding consumer warranties applicable to software.

What things can be licensed?

Examples of things that can be licensed include: songs, sports team logos, intellectual property, software, and technology. License agreements allow parties to control their property rights and enter new markets at no cost.

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