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Chapter |The Intemationslization Process 3 Mh Chapter One These outward-orierted national expansion The n corapany. ‘Tyeot Osresip arangeneat Chapter 1 The interationaization Pocest § ‘Grice. These fins, which are often SMES (Small and medium sized enterprises), ‘us bave added challenges as they engage inthe internationalization process from Eperinpert Surtop | Molinaona Tar Ventures 30 Fer One Text LICENSING yrency with which they lose proprietary advantages aftr licensing out; the most corimon terms in tei license ‘agreements the areas in which there isthe most disagreement and so forth. Despite these imitations, we do now that THE DESIGN AND MANAGEMENT OF INTERNATIONAL JOINT VENTURES Chapter The intemationalization Focost 11 pica compensation method (see ‘overleok the potential use of al- Method ot ‘Compensation “ances ‘Method? Inertia ion Petts Intranet ined neraltofin Porton ofshred None Xoreiy Nosy Roney oxely

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