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Licensed production
Licensed production is the production under license of technology developed elsewhere.[1] The licensee provides the licensor of a specific product with legal production rights, technical information, process technology, and any other proprietary components that cannot be sourced by the licensor.[2]
This is an especially prominent commercial practice in developing nations, which often approach licensed production as a starting point for indigenous industrial development.[1] While licensed production in developing nations provides stimulus to the production and technical capabilities of local industry, in many cases it remains at least partly dependent on foreign support.[1]
- ^ a b c Bitzinger, Richard (2009). The Modern Defense Industry: Political, Economic, and Technological Issues. Santa Barbara: Praeger Security International (ABC-CLIO). pp. 313–315. ISBN 978-0275994754.
- ^ Maldifassi, Jose; Abetti, Pier (1994). Defense Industries in Latin American Countries. Westport: Praeger Publishers. pp. 116–119. ISBN 0-275-94729-7.
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