Joint Ventures Reduce the Risk of Major Capital Investments
Harvard Business Review
APRIL 6, 2016
For example, in 2010, Corelio and Concentra, two European media companies, established Coldset Printing Partners, a joint venture (JV) for their newspaper printing assets. The alternative asset ownership and operation models often involve cooperation with a (potential) competitor, as illustrated by the above examples of 2M, ASML, and Here.
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