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If intellectual property rights in an emerging economy are not well protected, the number of firms in the industry is rapidly growing, and the need for global integration is high, __________ is the preferred entry mode.
a. licensing.
b. strategic alliance.
c. exporting.
d. a joint venture or wholly owned subsidiary.

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Answer: d. a joint venture or wholly owned subsidiary.

Explanation:

If intellectual property rights are not protected, then it means that the proprietary information of the foreign companies are at risk of being stolen and used without permission by others.

The best way to enter such a country is to partner with a local company or to completely own a company that way the foreign company can better protect its technology and compete against local companies better.

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