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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

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. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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Old Management Systems Stifle New Business Models

Harvard Business Review

Ask anyone in technology. Instead, they’re taught to focus on their income statement and optimize their operations around preserving profitability. Some companies will expand into new industries using the information they naturally collect from their traditional business operations as a foundation. The challenge?