What is the potential Issue(s)/challenge(s) in Joint Venture PartnershipsWhat is the potential Issue(s)/challenge(s) in Joint Venture Partnerships

Generally,we need to understand what might be the potential issues when setting up a joint venture partnership. This might includes the following:

Conflicts of interest if they are competitors Unable to delineate areas of responsibility Mistrust of each other Fear of loss of know-how Cultural barriers Different business practises Differing in ideas about pay [...]