լիցենզավորում

լիցենզավորում

1. The requirement that importers and/or exporters get government approval prior to importing or exporting. Licensing may be automatic, or it may be discretionary, based on a quota, a performance requirement, or some other criterion. 2. Granting of permission, in return for a licensing fee, to use a technology. When done by firms in one country to firms in another, it is a form of technology transfer. See compulsory licensing.

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Part of Speech: noun
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Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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