If a high-tech firm sets up operations in a foreign country to profit from a core competency in technological know-how,which of the following entry strategy is best?

Question

Quizplus · Accepted Answer

Wholly owned subsidiaries allow the high-tech firm to have complete control over its operations, safeguard its proprietary technology, and fully benefit from its core competency in technological know-how. Joint ventures and licensing agreements may not provide enough control, and turnkey contracts involve handing over the complete operation to a third party.

If a High-Tech Firm Sets Up Operations in a Foreign