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International Joint Ventures

Introduction

This module will provide an understanding of the reasons why joint ventures and other collaborative associations now form an increasingly important part of business and commercial activity. It will identify the many types of collaborative ventures now in common use and provide guidelines on the selection of the most appropriate formats to suit particular business needs. The module will also provide an overview of the practical, cultural, legal and financial aspects of joint ventures which can be critical in ensuring successful project implementation.

Objectives

Upon successful completion participants will be able to:

  • Interpret the language of joint ventures and collaborations to evaluate the various types of collaboration used in business
  • Critique specific examples and appropriate theory to determine the benefits and risks of collaboration, both for the business community as a whole and for their own organisation
  • Systematically analyse the business implications of potential collaborative structures and control procedures throughout both the development and implementation phases of collaborative ventures
  • Systematically develop effective control processes for the key financial and legal aspects of collaboration ventures
  • Evaluate the risks of ineffective or inappropriate negotiating and project development skills, based on realistic syndicate exercises

Syllabus

  • Why Collaborate - benefits & risks
  • Collaboration Strategy
  • Types of Collaboration
  • Legal and Contractual Aspects
  • Practicalities of Collaboration
  • Cultural aspects
  • Financial aspects
  • Case studies
  • Collaboration exercise

Assessment

Part-Time and overseas programmes:

PMA 4000 Words (70% weighting) and Group Presentation (30% weighting)

Full-Time modules:

PMA 3500 Words (60% weighting) , Multiple Choice Questionnaire - MCQ (5% weighting), Industry Report (5% weighting), Group Presentation (20% weighting) and Reflective essay (10% weighting)

Duration

1 week (including 20 hours of lectures, 1 hour of demonstration and 12 hours of practical classes)