joint ventures
The legal agreement between companies which get together to create a temporary legal entity where they can share knowledge, technology, and other assets aiming at developing new products or services appealing to the market. Also, to share the expenses and revenues of the venture.
joint ventures — the legal agreement between companies which get together to create a temporary legal entity where they can share knowledge, technology, and other assets aiming at developing new products or services appealing to the market. ESCO classifies it as a cross-sector (useful across many industries) skill within knowledge.
Occupations that require joint ventures
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Frequently asked questions
What is joint ventures?
The legal agreement between companies which get together to create a temporary legal entity where they can share knowledge, technology, and other assets aiming at developing new products or services appealing to the market. Also, to share the expenses and revenues of the venture.
What category of skill is joint ventures?
ESCO classifies joint ventures under the knowledge category, specifically in the law subcategory.
How transferable is joint ventures between industries?
ESCO tags joint ventures as a cross-sector (useful across many industries) skill — a signal of how portable it is when you change field.
Is joint ventures the same as companies with shared ownership?
Yes — joint ventures is also known as companies with shared ownership, or joint venture. They refer to the same underlying capability in the ESCO taxonomy.
How can I learn joint ventures?
The most reliable path is to pick a job or project that demands joint ventures and learn through delivery. Complement that with role-specific roadmaps and short courses. Explore the occupations below to see where this skill is used in practice.