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read chapter 15 and 16 and answer this question ?

Licensing propriety technology to foreign competitors is the best way to give up a firm’s competitive advantage. Discuss.

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Conclusion


Running head: LICENSING PROPRIETY TECHNOLOGY TO FOREIGN COMPETITORS 1

Licensing Propriety Technology to Foreign Competitors
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LICENSING PROPRIETY TECHNOLOGY TO FOREIGN COMPETITORS

2

Licensing Propriety Technology to Foreign Competitors
Firms are customarily bound to license agreement being enacted by the government. Most
of the time a country is concerned at protecting the domestic firms and local consumers from the
foreign competitors. Thus, it does this through limitation being subjected to international
competitors to prevent their entry into the market. There are elements presented by General
Agreement on Tariffs and Trade (GATT) on foreign compet...


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