Incentive and risk sharing issues No need for law protection Choice for a short-term cooperation? 2. 4. Venture Capital Popular in high-tech industries CroSs-border venture capital. a new trend? 2.5. Franchising Popular in retails and food chains Transaction costs of management, asymmetric information and incentives 2.6. Partnership a dying format? Dominated by the corporation format? 2.7. Outsourcing What are the issues? Page 4 of 5Page 4 of 5 • Incentive and risk sharing issues • No need for law protection? • Choice for a short-term cooperation? 2.4. Venture Capital • Popular in high-tech industries. • Cross-border venture capital, a new trend? 2.5. Franchising • Popular in retails and food chains. • Transaction costs of management, asymmetric information, and incentives 2.6. Partnership • A dying format? Dominated by the corporation format? 2.7. Outsourcing • What are the issues?