Types of Ownership Ownership patterns may be based on past experiences with similar ownership models Fu‖ ownership Fu∥ contro,fu∥ assumption of all risks May be desirable, but is not necessary for success internationally. 口 Joint ventures Shared control shared investment risks Reasons for joint ventures governmental pressure to join with local partners mutually beneficial commercial considerations in sharing markets, pooling resources, and local suppliers Copyright 2001 by Harcourt, Inc. All rights reservedCopyright © 2001 by Harcourt, Inc. All rights reserved. 15-10 Types of Ownership Ownership patterns may be based on past experiences with similar ownership models. Full ownership • Full control, full assumption of all risks • May be desirable, but is not necessary for success internationally. Joint ventures • Shared control, shared investment risks • Reasons for joint ventures: – governmental pressure to join with local partners – mutually beneficial commercial considerations in sharing markets, pooling resources, and local suppliers