International

Only the largest companies have the resources and experience to surmount the obstacles of different markets. Many other businesses simply do not have the capacity to deal with all the variables in foreign jurisdictions without a partner organization. For this reason, many companies create an international joint venture (IJV).

Globalization has radically changed the way many European companies do business. Because of advances in communications, transportation, and technology, virtually every business of any size can now internationally distribute goods, services, or intellectual property.