In which of the following modes of entry does the domestic manufacturer give the right to use intell...........

Business Studies(11th) Chapter-11 International Business

In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property, such as patent and trademark to a manufacturer in a foreign country for a fee:

Licensing

Contract manufacturing

Joint venture

Public Private Partnership

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Explanation:

Under the licensing model, a domestic manufacturer (licensor) grants licence to a foreign manufacturer (licensee) to use its intellectual property such as patent and trademark.