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    There are several types of joint ventures, including:
    • Project-based joint ventures: Companies enter into a combined venture to achieve a specific task.
    • Vertical joint ventures: Companies in the same industry but at different stages of the supply chain enter into a venture.
    • Horizontal joint ventures: Companies in the same industry and at the same stage of the supply chain enter into a venture.
    • Functional-based joint ventures: Companies in different industries enter into a venture to share resources and expertise.
    • Strategic alliances
    • Equity joint ventures
    • Contractual joint ventures
    • Minority/non-equity joint ventures
    • Limited liability joint ventures
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