Title: Methods of Technology Transfer

Essay Details

Subject: Business
Author: Stephen H
Date: November 20, 2015
Level:
Grade: A
Length: 5 / 1347
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The purpose of this paper is to discuss the benefits and challenges associated with four basic methods of internationalization and to compare and contrast the methods. Finally, this paper will evaluate how changes and advances in technology have served to drive the internationalization of business. Methods of Internationalization The four basic methods of internationalization ? licensing, exporting, joint ventures, and wholly owned subsidiaries ? each have their own benefits and challenges...

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Below, all four methods are described and compared. Some methods are clearly more appropriate for large, well-established organizations, while others could be used by small or large businesses alike. Understanding the similarities and differences among these four methods is important when a company is trying to identify its approach to expanding internationally...

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