For manufacturing firms with patents, the most important difference between the various foreign market entry modes for manufacturing firms is in whether or not the parent firm maintains control of ______.

Question

Quizplus · Accepted Answer

The most important difference between the various foreign market entry modes for manufacturing firms with patents is whether or not the parent firm maintains control of production. For example, in licensing and franchising modes, the parent firm gives the right to produce the patented product to another firm, thus losing control of production. In contrast, in wholly owned subsidiaries and joint ventures, the parent firm maintains control of production.

For Manufacturing Firms with Patents, the Most Important Difference Between