We present an experimental test of a procedurally fair co-determination mechanism where group members reduce their value uncertainty before submitting bids for a joint project. The results suggest a relatively efficient mechanism, with unprofitable projects being largely rejected and profitable...

The present fact sheet focuses on joint ventures (JV) and will put forward some practical and legal issues, mainly from the perspective of the ownership and exploitation of intellectual property (IP). Organisations need to anticipate and properly manage legal aspects, in order to be able to...

Spin-off also known as "spin-out" are entities intended as a separate legal entity created by a parent organisation (PO) to exploit its IP assets. They are valuable tools to transform technology into a marketable product or service, as well as to license out technology. A joint venture (JV) is a...

Cross-border transfer and the protection of knowledge are important for multinational enterprises (MNEs) to develop their network partners' capabilities while simultaneously safeguarding competitive advantages. However, they can be challenging for MNEs due to cultural and institutional...

Over the last century, the passenger airline industry has undergone a series of transformations, with Lufthansa being a key player not only in Europe, but also worldwide. This case study traces Lufthansa's development, from its origins up until its current status, and outlines its expansion by...

Joint Venture is not a foreign term in the business world. Joint venture is a practical and simple way that people often take in advancing their business. However, in order to practice a joint venture that is successful, efficient and effective and can be accounted for, one must study the Joint...

Construction joint ventures are amongst the most common instances of open joint ventures. In 2018, the International Chamber of Commerce (ICC) published a model open joint ventures contract for construction projects to provide businesses with a balanced form of the agreement, enabling them to...

This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...

Increasingly tech students and young professionals are pursuing ‘guerrilla’ commercialization of their research projects in universities, government labs and companies. Inspired by role models such as Bill Gates, Larry Page, Sergey Brin, Mark Zuckerberg, Sam Altman etc. This Venture...

Joint ownership of a trademark is, in many ways, the intellectual property equivalent of any general partnership. The General Partners shall be collectively responsible for the activities of the partnership and shall be equally empowered to act in the name of the partnership. Similarly, the...

This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R&D portfolios, an RJV can help to coordinate research efforts, reducing investments in duplicate projects. This can free up resources, increase the variety of pursued projects and...

Quid pro quo policies, mainly in foreign partial acquisitions of state-owned enterprises (SOEs) in China, have been controversial due to the corresponding forced technology transfer for market access. Whether and how quid pro quo affects SOE innovation has received limited attention. This study...

Duality for linear vector optimum problems is often just a mathematical construct (l'art pour l'art). We define a family of dual problems to support decision-makers in a concrete economic situation. Entrepreneurs generally want to participate in initiatives for producing new products with...

The purpose of this article is to empirically explore (1) the impact of political ties on international joint ventures' (IJVs) R&D strategy and (2) the moderating effects of market turbulence and governmental policy turbulence on the relationship between IJV political ties and R&D investment in...

This paper empirically examines how sources of partner diversity affect the duration of international joint ventures (JVs). We argue that synergy effect among multi-party JVs causes complementary advantages and business resource diversity, which is conducive to the survival of JVs relationship....

"Written by Alan MacCharles, partner at Monitor Deloitte in Shanghai and frequent commentator on BBC and other media outlets, and Mark Shaub, senior partner at King & Wood Mallesons, the largest global law firm in Asia, Unlocking International Joint Ventures is a complete guide to understanding...