Global Markets in Products, Semi-Products, Services and Technologies: Difference between revisions

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Revision as of 18:51, 10 June 2009 (view source) Majka (talk \| contribs) (Created page with '==The Threat of Protectionism== As far as international institutions influencing global trade are concerned, the World Trade Organisation (WTO), seated in Geneva, is among the m…')		Latest revision as of 11:16, 30 August 2017 (view source) Admin (talk \| contribs) No edit summary
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	The difficulties associated with protecting intellectual property (patents, inventions, trademarks, licences, know-how) have been among the important factors that have encouraged the evolution toward multinational corporations. As a response of the private domain to these difficulties, a growing ‘internal licensing trade’ can be spotted within multinational corporations, along with direct investment related to the diffusion of technological progress. It is estimated that approx. 80% of all international fees for technologies are classified as ‘internal trade’ within transnational corporations. Controlling and regulating these so-called ‘transfer prices’ is even more difficult for national governments than it is on product and semi-product markets.		The difficulties associated with protecting intellectual property (patents, inventions, trademarks, licences, know-how) have been among the important factors that have encouraged the evolution toward multinational corporations. As a response of the private domain to these difficulties, a growing ‘internal licensing trade’ can be spotted within multinational corporations, along with direct investment related to the diffusion of technological progress. It is estimated that approx. 80% of all international fees for technologies are classified as ‘internal trade’ within transnational corporations. Controlling and regulating these so-called ‘transfer prices’ is even more difficult for national governments than it is on product and semi-product markets.

			[[Category:Trade]]