A careful analysis of the jurisprudence discloses no principled common law foundation for characterizing the joint venture as a distinct legal form. Might it nevertheless be desirable to legislate the joint venture into legal existence? The Alberta Law Reform Institute has made that...

We use a simple model of collaborative innovation to structure an empirical analysis of minority equity links in biotechnology alliances between clients and R&D firms. In the model, an equity link is an investment in information acquisition: it improves the ability of the client to learn about...