How can a firm protect its proprietary information in a joint venture?
A) Share only the technology that is central to the core competence of the firm.
B) Hold majority ownership in the venture so that the firm has greater control over the technology.
C) Share only the technology of the firm, not the patents and copyrighted information.
D) Hold minority ownership in the venture so that the firm does not have to give over control of the technology.

Question

Quizplus · Accepted Answer

There are several things a firm can do to protect proprietary information in a joint venture. One option is to hold majority ownership in the venture so that the firm has greater control over the technology. A second option is to wall off from a partner technology that is central to the core competence of the firm, while sharing other technology.

How Can a Firm Protect Its Proprietary Information in a Joint