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Export licensing |
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Export licensingSee licensing.Similar MatchesAutomatic licensingAutomatic licensingThe licensing of imports or exports for which licenses are assured, for gathering information, or a holdover from when licenses were not automatic. Depending on how the licensing is administered, automatic licensing can add to the bureaucratic and/or time cost of trade. Non-automatic licensingNon-automatic licensingImport licensing that is discretionary, based on an import quota, or performance related. LicensingLicensing1. 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. Import licensingImport licensingSee licensing. Compulsory licensingCompulsory licensingA legal requirement for the owner of a patent to let other firms produce its product, under specified terms. Countries sometimes require foreign patent holders to license domestic firms so as to improve access to the patented product at lower cost. This is permitted by the TRIPs Agreement for certain purposes, such as protecting public health. Further SuggestionsDiscretionary licensing |
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