Respuesta :
A contractual arrangement that allows one firm to use the patents, trademarks, or processes of another for a fee is called licensing.
In a business relationship known as licensing, one company allows another company to manufacture its product in exchange for a set fee. In general, licensing is granting permission for one firm to use another company's patents, trademarks, copyrights, designs, and other intellectual property in exchange for a cut of sales or a fee.
Given that no production or sales are required, it is a quick way to make money and expand a firm. Instead, licensing typically entails utilizing a company's infrastructure and pipeline in return for a tiny part of sales.
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