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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1347 |
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Exporting typically provides a low level of technology transfer as the organization is serving a foreign region from their home base. This means limited resources are being put into the new region to provide knowledge and create new offerings.
Joint ventures occur when an organization forms a partnership with a local firm within a new market...
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An international partnership helps provide the foreign firm with a stronger local presence in a new country, and can favourably affect the firm's credibility in a new market, assuming the local partner has a solid reputation. When the partnership is used to introduce a product to a new market, joint ventures typically provide a high level of technology transfer; the partner tends to be responsible for the creation and/or distribution of the product in the new market...
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