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各行业领域竞争的性质和强度,教育,甚至社会企业在过去几十年里，一直呈指数级增长。另一个促成了这种现象的因素是在20世纪时，国家获得独立成熟,经济越来越向外国投资开放。然而,随着中小企业的发展,竞争将进一步增长。虽然这应该意味着存在常数之间的战争，公司为了吸引消费者的注意,而满足他们的要求,合资企业的数量,公司和公司之间的合作协议及其它合作协议也一直在上升。这可能是由于很多因素。亚洲、非洲和中东地区的市场,包括许多新兴经济体非常雄心勃勃的，已经用增长率来匹配他们。对于世界各地的行业发展，这提供了一个很好的机会,同时有利于东道国。然而,随着这些国家的经济仍在转型,它需要伙伴关系进入这些市场。这些国家的政府试图保持经济独立，通过对外国公司施加一定的限制。尽管最近合资企业的数量增加了,这种现象已经存在许多年了,大型跨国公司与当地一个小球员进入当地市场。然而有一个新的合资企业发展方向的变化。我们越来越发现,公司在世界自由贸易区域和那些相等大小的公司也彼此合作以满足市场需求。

The nature and intensity of competition in the fields of industry, education and even social ventures has been growing exponentially over the past few decades. Another factor which has contributed to this phenomenon is that the countries that obtained independence in the 20th century are maturing and their economies are becoming more open to foreign investment. However, with the development of small to medium enterprises, the competition is expected to grow further. Although this should mean that there is a constant war between companies to attract the attention of the customers and satisfy their demands, the number of joint ventures, coproduction agreements and other cooperative agreements between companies and corporations has also been on the rise. This may be attributed to a number of factors. The markets of Asia, Africa and the Middle East which consist of a number of emerging economies are very ambitious and have matched it with their rate of growth. This provides a great opportunity for industries across the world to grow and at the same time benefit the host country. However, as the economies of these countries are still in transition, it necessitates partnerships to enter these markets. The governments of such countries try to maintain economic independence by imposing a certain amount of restrictions on foreign companies. Although the number of joint ventures has increased recently, the phenomenon has existed for a number of years now, with a large multinational company tying up with a small local player to gain access to the local market. There is however a change in the direction new joint ventures is taking. It has been increasingly found out that, companies in the free trade geographies of the world and those of equal size are also cooperating with one another to satisfy market demands. A large number of such corporations are complementary to both the companies in the agreement since the services that they bring to the partnership are specialized in different respects although they operate in the same field. Interestingly, companies that contribute in the same way to partnerships i.e. companies with similar profiles and specializations are also tying up. With so many changes in the strategies of corporations across the world, it is worth examining the challenges and benefits of joint ventures in today's economic setting. Therefore, in the below report we shall examine the nature of joint ventures and place a considerable amount of importance on the advantages that companies obtain from such relationships (Contractor, 2002).

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