The failure rate of collaborative ventures is higher in developing economies than in advanced economies.

Question

Quizplus · Accepted Answer

Collaborative ventures in developing economies often face higher failure rates due to challenges such as political instability, regulatory uncertainties, less developed financial markets, and cultural differences, which can complicate partnerships and business operations more than in advanced economies where such systems are typically more stable and predictable.

The Failure Rate of Collaborative Ventures Is Higher in Developing