_____ is an example of an industry in which cross-licensing agreements are increasingly becoming common.
A)Glass-blowing
B)Biotechnology
C)Organic farming
D)Basketry
E)Weaving

Question

Quizplus · Accepted Answer

Cross-licensing agreements, which allow companies to use each other's patented technologies or inventions, are becoming increasingly common in the biotechnology industry. This is due to the high cost and time required for research and development, as well as the need to access new technologies to remain competitive. Therefore, biotechnology companies are using cross-licensing agreements to share costs and minimize risks while still gaining access to new technologies.

_____ Is an Example of an Industry in Which Cross-Licensing