Licensed production

Licensed production is the production under license of technology developed elsewhere. It is an especially prominent commercial practice in developing nations, which often approach licensed production as a starting point for indigenous industrial development. While licensed production provides stimulus to the production and technical capabilities of local industry, in many cases it remains at least partly dependent on foreign support.

Licensed production

Licensed production is the production under license of technology developed elsewhere. It is an especially prominent commercial practice in developing nations, which often approach licensed production as a starting point for indigenous industrial development. While licensed production provides stimulus to the production and technical capabilities of local industry, in many cases it remains at least partly dependent on foreign support.