EW joint venture projects are generally conducted for various purposes. In addition to funding , other JV benefits include:
- Achieving new markets and clients .
- Enhance and speed up the marketing process
- Costs & risks reduction .
- Participating in partners’ spiritual capital.
- Access to qualified and specialized .
- Access to distribution channels .
- Crossing trade and political barriers through international partnerships
Respond to external pressures.
- Reduce product design and development milestones.
- Achieving economic scale
- Increasing the ability to respond to customer demand and coordinate with different views.