Joint venture agreements can be constructed to minimise the risk of unwittingly giving away a technology that is central to the core competence of one of the firms. One option is to hold majority ownership; another is to:
A) patent technology.
B) 'wall off' technology.
C) hide technology.
D) form agreements with firms with similar capabilities.

Question

Quizplus · Accepted Answer

'Wall off' technology refers to the practice of protecting sensitive technology or information within a company by restricting access to it, even within a joint venture. This helps in minimizing the risk of inadvertently sharing core competencies or critical technology with a partner.

Joint Venture Agreements Can Be Constructed to Minimise the Risk