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:
(a) Licensing

(b) Contract manufacturing

(c) Joint venture

(d) Public Private Partnership

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Solution

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.
Hence, the correct answer is option (a).

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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: (a) Licensing (b) Contract manufacturing (c) Joint venture (d) Public Private Partnership

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. Hence, the correct answer is option (a).

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:
(a) Licensing

(b) Contract manufacturing

(c) Joint venture

(d) Public Private Partnership

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.
Hence, the correct answer is option (a).