What are the advantages and disadvantages of participating in a joint venture with another company?
- Author: International Trade Centre
- Main Title: Secrets of Intellectual Property , pp 89-90
- Publication Date: 3月 2004
- DOI: https://doi.org/10.18356/01e94334-en
- Language: 英語 スペイン語, フランス語
Joint ventures can prove to be a useful and necessary way to enter new markets. In some markets that restrict inward investment, joint ventures may be the only way to achieve market access. Within joint ventures, clear equity positions are usually taken by the participants. Such holdings can vary in size significantly, although it is usually important to establish clear lines of management control over decisions in order to achieve success. A lesser form of participation, which may or may not involve equity participation, is that of strategic alliances. Joint ventures do tend to have a relatively high failure rate. Nonetheless, they also enjoy a number of specific advantages.
© United Nations
ISBN (PDF):
9789213615508
Book DOI:
https://doi.org/10.18356/61636f16-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
Sustainable Development Goals:
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