An international firm that perceives its technological advantage to be

QUESTION

An international firm that perceives its technological advantage to be transitory and susceptive to rapid imitation might want to license its technology to foreign firms

Indicate whether the statement is true or false.

ANSWER

TRUE
When a firm perceives its technological advantage to be only transitory or when it expects rapid imitation of its core technology by competitors, it might want to license its technology as rapidly as possible to foreign firms to gain global acceptance for its technology before the imitation occurs.