Cross-licensing agreements can be used to formalize arrangements to swap skills and technology in a strategic alliance.

Name: Cross-licensing agreements can be used to formalize arrangements to swap skills and technology in a strategic alliance.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Cross-licensing agreements are often used to exchange skills and technology between companies in a strategic alliance. This allows both parties to benefit from each other's strengths and can lead to a more competitive position in the market.

Cross-Licensing Agreements Can Be Used to Formalize Arrangements to Swap