Joint venture
Type of business entity
📊 Rating
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📌 Topics
- Automotive (1)
- Business Strategy (1)
- Electric Vehicles (1)
- Semiconductors (1)
- International Business (1)
- Technology (1)
- Manufacturing (1)
🏷️ Keywords
Joint Venture (2) · Renault (1) · Flexis (1) · Electric Vans (1) · Volvo Group (1) · CMA CGM (1) · Light Commercial Vehicles (1) · Kioxia (1) · Western Digital (1) · SanDisk (1) · NAND Flash (1) · Semiconductor Industry (1) · BiCS FLASH (1) · Memory Production (1)
📖 Key Information
A joint venture (JV) is a type of business entity created by two or more parties that normally has shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly an emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.
Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity.
📰 Related News (2)
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Joint venture:
- 🏢 Western Digital (1 shared articles)
- 🌐 Flash memory (1 shared articles)
- 🏢 Kioxia (1 shared articles)
- 🏢 Sandisk (1 shared articles)
- 🌐 Renault FlexEVan (1 shared articles)
- 🏢 Renault (1 shared articles)
- 🏢 Volvo (1 shared articles)