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Licensing
Licensing involves allowing someone in another country to manufacture the product on behalf of original company.
Franchising
Franchising involves allowing the party in other country access to brand name, design, packaging, marketing and training system. It is somewhat similar and usually applies at the wholesale/retail level, and particularly with service business can receive a royalty or share of profits. e.g. McDonald
Joint Venture
A joint venture is a contractual agreement between a foreign party and a local party licensed to engage in the desired activity. In practice, a local partner for investor chosen is to be the medium for entering market with limited equity in an overseas market. Joint Venture can help share the resources and gain knowledge of the local market more easily.
Acquisitions and Contract manufacturing
Acquisitions and Contract Manufacturing outsource the products or services to manufacturing firms to product the products and services. e.g. government's services
資料來源: myself