Joint Ventures Reduce the Risk of Major Capital Investments
Harvard Business Review
APRIL 6, 2016
The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The question is what investment strategy a given company should follow: don’t invest, invest alone, or coinvest? Benefits and risks of co-opetition.
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