Industries in the Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) subsector include establishments that are primarily engaged in assigning rights to assets, such as patents, trademarks, brand names, and/or franchise agreements for which a royalty payment or licensing fee is paid to the asset holder. Establishments in this subsector own the patents, trademarks, and/or franchise agreements that they allow others to use or reproduce for a fee and may or may not have created those assets.
Establishments that allow franchisees the use of the franchise name, contingent on the franchisee buying products or services from the franchisor, are classified elsewhere.
Excluded from this subsector are establishments primarily engaged in leasing real property and establishments primarily engaged in leasing tangible assets, such as automobiles, computers, consumer goods, and industrial machinery and equipment. These establishments are classified in Subsector 531, Real Estate and Subsector 532, Rental and Leasing Services, respectively.
5331 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
53311 Lessors of Nonfinancial Intangible Assets (except
Copyrighted Works)
See industry description for 533110 below.
533110 Lessors of Nonfinancial Intangible Assets (except
Copyrighted Works)
This industry comprises establishments primarily engaged in assigning rights to assets, such as
patents, trademarks, brand names, and/or franchise agreements for which a royalty payment or
licensing fee is paid to the asset holder.
Cross-References. Establishments primarily engaged in
- Establishments primarily engaged in producing, reproducing, and/or distributing copyrighted works are classified in Sector 51, Information;
- Independent artists, writers, and performers primarily engaged in creating copyrighted works are classified in Industry 711510, Independent Artists, Writers, and Performers;
- Establishments primarily engaged in leasing real property are classified in Subsector 531, Real Estate;
- Establishments primarily engaged in leasing tangible assets, such as automobiles, computers, consumer goods, and industrial machinery and equipment, are classified in Subsector 532, Rental and Leasing Services; and
- Establishments that allow franchisees the use of the franchise name, contingent on the franchisee buying products or services from the franchisor are classified elsewhere.
Information courtesy of the U.S. Census Bureau.
