According to Internalization Theory, One Drawback of Licensing Is That

question 112

True/False

According to internalization theory, one drawback of licensing is that it might result in a firm giving away technological know-how to a competitor.

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Definitions:

Terrace

A relatively level or gently inclined surface or bench bounded on one edge by a steeper descending slope.

Entrenched Meanders

Deeply incised meanders in a river or stream that retain their winding course because the land elevation change has been rapid compared to the lateral motion of the river.

Base Level

The lowest point to which a river or stream can erode its channel, often sea level for rivers.

Uplift

The vertical elevation of the Earth's surface due to natural causes such as tectonic movements or volcanic activity.