Joint Ventures Reduce the Risk of Major Capital Investments
Harvard Business Review
APRIL 6, 2016
For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. Building a large-scale biopharmaceutical facility requires up to $500 million. Model 1: Virtual operator. Model 2: Asset capacity pooling.
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