კონფერენცია

∘ Maia Rokhvadze ∘
THE ESSENCE OF JOINED VENTURES, THEIR TYPES AND FORMATION STAGES

Summary

In the article:” The essence of joined ventures, their types and formation stages” is discussed an effective type of enterprise – such as joined venture. It was spread after globalization. It was found that the capitals of many countries in the world are free, in another ones there is a lack of it, but they own their product and cheap working power. Such countries are connected to each other and under partnership are making joined ventures. Therefore both sides are the winners.

In the article there are mentioned the types of joined venture.It might be founded by the different government or the companies of different countries. Georgia is a poor country, it doesn’t have free, huge capital, but has different products and unemployed population. So, Georgian government can get investors from different countries in foundation of joined venture

In the article 7 types of joined venture formation are given: define the aims and profit with expenses, choose a partner, work on business plan, discuss about the agreement to open joined venture, make a contract, evaluate its effectiveness.

The author thinks that these stages of joined venture formation are typical for all countries. This moment makes agreement easier between the presenters of different countries to open joined venture and accomplish all the necessary procedures which are familiar for them theoretically.

The author reminds that the “Bicycle” of joined venture’s making and working is invented and it must be spread in Georgia as well.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Maia Rokhvadze ∘ THE ESSENCE OF JOINED VENTURES, THEIR TYPES AND FORMATION STAGES Summary In the article:” The essence of joined ventures, their types and formation stages” is discussed an effective type of enterprise – such as joined venture. It was spread after globalization. It was found that the capitals of many countries in the world are free, in another ones there is a lack of it, but they own their product and cheap working power. Such countries are connected to each other and under partnership are making joined ventures. Therefore both sides are the winners. In the article there are mentioned the types of joined venture.It might be founded by the different government or the companies of different countries. Georgia is a poor country, it doesn’t have free, huge capital, but has different products and unemployed population. So, Georgian government can get investors from different countries in foundation of joined venture In the article 7 types of joined venture formation are given: define the aims and profit with expenses, choose a partner, work on business plan, discuss about the agreement to open joined venture, make a contract, evaluate its effectiveness. The author thinks that these stages of joined venture formation are typical for all countries. This moment makes agreement easier between the presenters of different countries to open joined venture and accomplish all the necessary procedures which are familiar for them theoretically. The author reminds that the “Bicycle” of joined venture’s making and working is invented and it must be spread in Georgia as well.