International Joint Venture - Free Essay Examples and Topic Ideas

An international joint venture is a business partnership between two or more companies from different countries or regions. The venture involves partners pooling their resources, knowledge, and expertise to create a new business entity, tapping into new markets and sharing the risk and profits. International joint ventures are often used to access complementary intellectual or physical capital, with each partner taking a share of equity and sharing operational responsibility. These partnerships may bring different cultural norms and legal frameworks, necessitating careful planning and risk assessment to ensure a successful outcome.

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