Transfering components from one model to another

I use Sketchup Make 2017. I have several models completed. Can I transfer components from within a model to another model…for example, a particular style of sofa from a cabin design to another design…say this time a loft design?

If you have both files open you can select and copy a component in one model, open the other and paste it.

If the components are something you would frequently use you could also save the components in a collection for later use.