Abstract

In this paper, joint ventures are first defined and then different types of joint ventures are reviewed, including integrated and non-integrated forms with some attention given to short and long term arrangements. This leads on to a discussion of results from an empirical survey with five construction companies who were involved in joint venture activities in the construction industry. The survey covers managers' direct experiences of a large number of projects in which the various parties have been involved. The discussion of these results naturally addresses how joint ventures may best be conducted in future.

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