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To: Jorjenzak who wrote (2278)	9/15/1999 11:48:00 AM
From: SCOOBEY-DO	Read Replies (2) of 18222

Hi Jorjenzak, I consider you our legal guru on the SI thread. As such, what is your opinion of the difference between a "joint venture" and a "strategic alliance"? To me, a joint venture is a new legal corporation set up by two or more entities to run a new business and to share in a profit generated by the new company. Both companies would have representatives on the board of the new company. The profit would be split between the entities on the same basis as the ownership in the joint venture. On the other hand, a strategic alliance is a hand shake (agreement) that two entities will work together because each entity can benefit the other. I don't see this as a legal agreement. What is your definition of these two concepts. TIA Scoobey

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