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Licensing Proprietary Technology to Foreign Competitors

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Discuss this statement: Licensing proprietary technology to foreign competitors is the best way to give up a company's competitive advantage.

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In about 280 words, this response discusses why licensing is a good way to give up a company's competitive advantage in foreign lands.

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Licensing definitely is the best way to give up a company's competitive advantage, in foreign lands. When a company licenses proprietary technology, the licensee in the foreign country is investing the resources, and taking control of the licensed technology. It works as an advantage to the domestic company. The domestic company would normally have to expand their operations into the global market. In today's economic conditions, many global ...

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