Joint venture
From Bilat-Wiki
It is a collaboration of two or more companies to undertake a common project or to pursue a specific objective. To this end, co-venturers bring together their common ressources and capabilities, such as project funding, capital equipment, know-how and intellectual property. The joint venture has the scope to create a legally independent company to develop a competitive advantage by commercialising a new product or service (IP).
Corresponding term unknown