The significance of this joint venture agreement template is no doubt colossal, and thus its demand for business as well as personal is at peak. Innovation in business is a must-to-do thing, and it is the basic prerequisite for growth and success. To capture market share or enter into a new market, a business is required to enter into a joint venture. In other words, a joint venture is; when two or more business entities combine their assets and technology, either to compete or to enter into a new market. There is involvement of more than two entities; thus, it…