Under a cross-licensing agreement,a firm might license some valuable intangible property to a foreign partner,but in addition to a royalty payment,the firm might also require that some of the licensee's profits be diverted to support licensees in other countries.

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Under a cross-licensing agreement,a firm might license some valuable intangible property to a foreign partner,but in addition to a royalty payment,the firm might also request that the foreign partner license some of its valuable know-how to the firm.

Under a Cross-Licensing Agreement,a Firm Might License Some Valuable Intangible