Revenue Budget and Strategic Outlook

Facilitating Technology Transfer and Management of IP Assets O Channels through which technology is transferred across borders: 1. International trade 2. Foreign Direct Investment 3. Contractual Licensing of technologies and franchising trademarks or service marks to various firms, subsidiaries and joint ventures Licensing--Patents can be licensed to companies and enterprises allowing them to reap the benefit of the invention in exchange for royalty. • License agreements help trade knowledge through making access of locally developed inventions into the wider international market

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