Across
- 2. A fee paid periodically to compensate a licensor for the temporary use of its intellectual property, often based on a percentage of gross sales generated from the use of the licensed asset
- 4. Ideas or works created by individuals or firms, including discoveries and inventions; artistic, musical, and literary works; and words, phrases, symbols, and designs
- 5. Arrangement in which an independent company is licensed to establish, develop, and manage the entire franchising network in its market and has the right to subfranchise to other franchisees, assuming the role of local franchisor
- 6. Describes the appearance or features of a product. The design is intended to improve the product’s aesthetics and usability as well as increase its production efficiency, performance, and/or marketability.
- 9. Arrangement in which the focal firm or a consortium of firms plans, finances, organizes, manages, and implements all phases of a project abroad and then hands it over to a foreign customer after training local workers
- 12. A distinctive design, symbol, logo, word, or series of words placed on a product label. It identifies a product or service as coming from a common source and having a certain level of quality
Down
- 1. Arrangement in which the firm allows another the right to use an entire business system in exchange for fees, royalties, or other forms of compensation
- 3. Arrangement in which a contractor supplies managerial know-how to operate a hotel, hospital, airport, or other facility in exchange for compensation
- 7. Renting out machinery or equipment to corporate or government clients abroad, often for several years, and retaining ownership through regular payments
- 8. Arrangement in which the owner of intellectual property grants a firm the right to use that property for a specific time period in exchange for royalties or other compensation
- 10. Protects original works of authorship, giving the creator the exclusive right to reproduce the work, display and perform it publicly, and authorize other to perform these activities.
- 11. Providing an inventor with the right to an invention, which prevents other from using or selling it for a fixed period – typically up to 20 years