refers to contractual agreement by which a company makes its trade secrets, trademarks, patents, or copyrights available to a foreign individual or company in return either for royalties or for other compensation based on the volume of goods sold or a lump sum.

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International licensing refers to allowing foreign individuals or companies to use a company's intellectual property in exchange for compensation. Expropriation refers to the government taking ownership of private property without compensation. International franchising involves giving a foreign entity the right to use a company's name and business model in exchange for fees and royalties. Foreign direct investment involves a company investing in and owning a foreign business or asset.

Refers to Contractual Agreement by Which a Company Makes Its