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Authorized technology, what is authorized technology

Technology licensing means that technology licensing companies provide technology licensing companies with the necessary rights to use patents, trademarks or proprietary technologies, as well as the right to manufacture and sell products by signing a contract.

The licensed enterprise shall pay royalties to the technology licensing enterprise and assume obligations such as keeping confidentiality. Relatively speaking, technology licensors generally do not need to make large investments or participate in management. They mainly help technology licensees master the technology, assist in organizing initial production, help purchase appropriate equipment and raw materials, and assist in guiding installation and debugging, process design, etc. . The degree of enterprise participation and resource investment lies between direct export and indirect export.