Cross-licensing agreements are increasingly common in:
A)service industries.
B)high-technology industries.
C)highly-customized industries.
D)agricultural industries.

Question

Quizplus · Accepted Answer

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.Such cross-licensing agreements are increasingly common in high-technology industries.

Cross-Licensing Agreements Are Increasingly Common In