Arrangement in which a local firm in the host country produces goods in accordance with another firm's (the' Licensing' firm's>) specifications; as the goods are sold, the local firm can retain part of the earnings.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). licensing. Retrieved September 21, 2026, from http://smartdefine.org/licensing/definitions/1157176 |
| Chicago | Barry Goldsmith. 2010. "licensing" http://smartdefine.org/licensing/definitions/1157176 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, licensing, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/licensing/definitions/1157176>. |
| MLA | Barry Goldsmith. "licensing" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/licensing/definitions/1157176> |