Technology transfer in this way occupies a considerable proportion in technology trade between developed and developing countries. It is also commonly used in engineering contracting. In addition to t

Technology transfer in this way occupies a considerable proportion in technology trade between developed and developing countries. It is also commonly used in engineering contracting. In addition to the above five situations, the practice of licensing trade also often occurs in compensation trade. The equipment provided by one party contains patents or proprietary technologies. The party provides technical equipment to the other party in a comprehensive way of equipment export and technology licensing, and the other party The products or other products produced by the equipment compensate for the price of its technology and equipment. The practice of licensing trade also often appears in joint ventures. Or the party that owns patents and proprietary technologies directly transfers its technology and implements technology pricing as a shareholding; or the party that obtains the right to use patents or proprietary technologies from others through licensing, with the permission of the party with technology property rights, sub-licenses to the joint venture Enterprises re-transfer technology.