joint venture

(noun)

A cooperative partnership between two individuals or businesses in which profits and risks are shared.

Related Terms

Examples of joint venture in the following topics:

  • Consolidation Strategy

    • M&A is different from joint ventures and other forms of strategic alliance, as mergers or acquisitions aim to create a single organization.

  • The Impact of Culture on an Organization

    • Joint ventures and mergers and acquisitions usually require large cultural changes.

  • Introduction to Entrepreneurship

    • Entrepreneurship relates to the pursuit of risky and innovative business ventures to capture new opportunities.
    • Many high-value entrepreneurial ventures seek venture capital or angel funding (seed money) to raise capital for building the business.
    • When entrepreneurship describes activities within a firm or large organization, it is referred to as intrapreneurship and may include corporate venturing, in which large entities create spin-off organizations.

  • Building Support for Intrapreneurship

    • This enables intrapreneurs a tool to communicate, in today's dollars, how much a given new venture will cost compared with how much it will bring in (i.e., a profit margin).

  • Types of Stakeholders

    • Funding is the lifeblood of any venture and is especially important for smaller organizations and non-profits.
    • The type of funding depends on the type of organization; non-profits, for example, solicit donations from individuals or foundations, while some new companies may seek venture capital funding to fund growth before the company has sufficient revenues to grow on its own.

  • Overview of Strategic Planning Tools

    • An excellent tool for strategists pursuing a particularly risky venture is to develop the primary objectives and strategy while simultaneously constructing a contingency plan that will limit the negative effects of failure.
    • This offsets risk through finding various ways to achieve value regardless of the success of the overall venture.

  • SWOT Analysis

    • A SWOT analysis is a strategic planning method used to evaluate the strengths, weaknesses, opportunities, and threats related to a project or business venture.

  • Overview of Inputs to Strategic Planning

    • Venture capitalists are primarily concerned about initial investment, feasibility, and exit valuation.

  • Ethics in Organizational Communications

    • The Social Venture Network, for example, is an organization that supports business leaders committed to socially responsible practices.