商务英语综合教程课件杜凤秋 ISBN9787810788113 PPT international tradechap.25 types and management of joint venture.pptVIP

Types Management systems of Joint Venture Main Contents 1. Types of Joint Venture regarding number of partners regarding identity of partner regarding ownership 2. Management Systems coalition management autonomous management Definition of Joint Venture A Joint venture is a business enterprise in which two or more business entities from different countries participate on a permanent basis. The participation through equity capital, manufacturing processes, patents, trademarks, managerial know-how, or other operationally essential factors. Types of Joint Venture regarding number of partners: bipartite multipartite Types of Joint Venture regarding identity of partner association with a partner from a third country association with a local company (private) association with government-owned enterprise or government agencies Types of Joint Venture association with a partner from a third country associations among partners all of whom are alien to the country in which the enterprise is located---- the early joint venture form advantage: pooling the different resources and capabilities of the partners In highly speculative investments, spreading risk Types of Joint Venture association with a local private company associations with a local partner with great influence in the field association with a local partner operating in a related field association with a partner who has no industry connection or functional relationship association with financial institutions Types of Joint Venture Advantages of associations with a local partner of some significance in the field the need for starting from scratch is thus eliminated, typical initial losses are minimized, the developmental period is shortened, and both the investment and the uncertainty about the foreign partner are reduced. Types of Joint Venture association with public enterprise or government agencies the typical format for government participation in joint venture is through governm