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5. What Support Will be Provided?
Determine the level of support the licensor will provide in terms of training, marketing, and technical assistance. This can significantly impact the success of the licensed product in the market.
Frequently asked queries:
1. What is the Market Potential?
2. Who are the Potential Licensors?
3. What are the Terms of the Licensing Agreement?
4. How Will the Intellectual Property be Managed?
5. What Support Will be Provided?
6. What are the Risks and Challenges?
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