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LICENSING

MEANING
Contrectual agreement in which 1

firm grant access to its patents,

copyrights, trade secrets,

technology to other firm in a foreign

country.

LICENSOR
Licensor is the party that
grants the license.

LICENSEE
Licensee is the party that
recives a license.
LOW INVESTMENT
LOW FINANCIAL RISK
RISK OF FAILURE
MORE KNOWLEDGE OF LOCAL
MARKET
BRAND VALUE INCREASES
SEVERE COMPETITION
TRADE SECRETS LEAKED OUT
IMPROPER MAINTAINANCE
OF INFRASTRUCTURE
CONFLICTS

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