NIC 7740—Leasing of intellectual property and similar products, except copyrighted works

Where 7740 sits

1. O Administrative and support service activities
2. 77 Rental and leasing activities
3. 774 Leasing of intellectual property and similar products, except copyrighted works
4. 7740 Leasing of intellectual property and similar products, except copyrighted works

Contains 1 narrower code

• 774000 Leasing of non-financial intangible assets

What 7740 includes

• This class includes the activities of allowing others to use intellectual property products and similar products for which a royalty payment or licensing fee is paid to the owner of the product (i.e. the asset holder).
• The leasing of these products can take various forms, such as permission for reproduction, use in subsequent processes or products, operating businesses under a franchise etc.
• The current owners may or may not have created these products.

What 7740 excludes

• Acquisition of rights and publishing, see divisions 58 and 59
• Producing, reproducing and distributing copyrighted works (books, software, film), see divisions 58 and 59
• Streaming of content, such as software and books, by content publishers, see division 58
• Audio book streaming activities not associated with its publishing, see 6010
• Leasing of real estate, see 6810
• Leasing of tangible products (assets), see groups 771, 772, 773

7740 in other systems