porno Chinese Law | China: What are the benefits to a technology transfer agreement over an agency or distributorship?
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What are the benefits to a technology transfer agreement over an agency or distributorship?

(a): A technology transfer agreement avoids the many transactional costs that disadvantage a company when doing business in a foreign market. By licensing technology to local firm, the products can be created in the foreign country, rather than dealing with the time and expense of customs and shipping. This can make the products more competitive in the foreign market.

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