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Licenses can be in the form of fee, royalty or profit-sharing basis, thus offering the right to produce or manufacture the product for a given period of time within a particular territory. Firms producing low-tech products engage in licensing as compared to other channels such as FDI. Stronger IPR protection can reduce licensing cost and provides greater market power to the licensor. It also discourages innovation in the marketplace. Therefore, IPR protection has a positive impact on licensing. IPR and foreign patenting Stronger IPR protection in developing countries encourages foreign patenting and technology diffusion. It has a positive impact in open economies or midsize countries as compared to large countries. The benefits achieved from foreign patenting in developing countries are much more than developed and large markets. However, it is difficult to measure that foreign patenting encourages or inhibits growth in the particular country as it depends on country’s market structure. =================================================== WHOMSOEVER IT MAY CONCERN Most of the pictures clip or BGM included in the Video Belongs to their Respected Owners and we do not claim rights...but under this,👇 we are using them 🙏 =================================================== DISCLAIMER: UNDER SECTION 107 OF THE COPYRIGHT ACT 1976, ALLOWANCE IS MADE FOR "FAIR USE" FOR PURPOSES SUCH AS CRITICISM, COMMENT, NEWS REPORTING, TEACHING, SCHOLARSHIP, AND RESEARCH. FAIR USE IS A USE PERMITTED BY COPYRIGHT STATUTE THAT MIGHT OTHERWISE BE INFRINGING. NON-PROFIT, EDUCATIONAL OR PERSONAL USE TIPS THE BALANCE IN FAVOR OF FAIR USE. Facebook ► / indiatubedesk Twitter 1 ► / indiatubedesk Twitter 2 ► / amitraaz ˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍ SOURCE► #DefenceDecode BGM: Akash Gandhi (Eye of Glory) ==================================================== THANKS FOR WATCHING, PLEASE LIKE SHARE AND SUBSCRIBE TO THE DEFENCE DECODE ====================================================