Meaning of licensing

 


 

Licensing

 

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Meaning and definition of licensing :

 

Licensing = A method of entering a foreign market in which the company enters into an agreement with a licensee in the foreign market, offering the right to use a manufacturing process, trademark, patent, trade secret, or other item of value for a fee or royalty

 

For the term licensing may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.

 

Source :http://pef.czu.cz/~linhart/glsrmm.doc

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Glossary of marketing terms

 

Licensing

 

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Meaning and definition of licensing in marketing terminology

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Meaning and definition of licensing
Licensing