Question

Licensing is a good option for firms in high-tech industries where protecting firm-specific expertise is of...

Licensing is a good option for firms in high-tech industries where protecting firm-specific expertise is of paramount importance.

True

False

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The correct answer is false because if protecting the firm-specific expertise holds paramount importance, the granting a license to another entity would be perilous. Firm-specific expertise in the high-tech industries are mostly kept protected. An example of this could be that the AMOLED display in the iPhones are manufactured by Samsung even though they are both competitors in the smartphone market. This happens because the AMOLED display is a firm-specific expertise of Samsung and thus it has paramount importance.

Add a comment
Know the answer?
Add Answer to:
Licensing is a good option for firms in high-tech industries where protecting firm-specific expertise is of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT