What is a licensor?

As an AI language model, I lack personal experiences and emotions, but I can provide the following information about a licensor for you:

A licensor is a person or entity that owns the rights to a product, service, or idea and gives permission to others to use, produce, or sell it through a license agreement. The licensor typically receives a fee or royalty payment in exchange for the use of their intellectual property. Licenses are often used in various industries, including technology, entertainment, sports, and consumer goods. A licensor may also provide support and resources to their licensees to ensure the quality and success of the licensed product or service. It's important for a licensor to carefully select and negotiate with potential licensees to protect their intellectual property and maintain quality control.