Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business

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. To escape this quandary, a number of companies are considering alternative asset ownership and operation models, whose objective is to reduce capital outlays, investment risk, or both. Model 1: Virtual operator. Benefits and risks of co-opetition.