"Joint Ventures: An International Perspective"

"Joint ventures: an international perspective" refers to the practice where two or more companies from different countries collaborate to work on a specific project or business activity. This partnership allows them to combine resources, expertise, and market access, sharing both the risks and rewards. International joint ventures help companies expand globally, navigate local regulations, and better understand diverse markets. They are strategic alliances that enable businesses to operate more effectively across borders, fostering growth and innovation while managing the complexities of international trade and cultural differences.