Joint Venture

International corporations which are rapidly growing and shaping the world economy, extended their growth to the point through their big investments in foreign countries which enabled them shaping social life and leading society to a desired direction.Developed capitalist countries, explore profitable potential of the developing countries and new markets, try to penetrate them. It is publicized that this relation is beneficiary for both countries.While developed countries are aiming to maximize their profit as exploiting natural sources of developing countries, under-developed and developing countries are taking advantage of employing modern technology, creating new jobs and businessesIn order to accomplish this goal, individuals and legal persons from private and public sectors come together and establish various partnerships. Most common type of international partnership is called ?Joint Venture? It is the main reason for me to choose Joint Venture as the subject of my study.In Turkey, after some statutory amendment, Joint Ventures have been started to be established since1980. This type of partnerships has been appeared mainly in construction and investment fields, called as 'Müşterek Iş Ortaklığı' or 'Ortak Girişim' in Turkish and generally formed as ordinary partnership.In this thesis whose subject is Joint Venture as an international investment formation, the history of international trade and Joint Venture, evolution of the companies towards to international entities have been analyzed. On this basis, international business types and particularly Joint Venture have been studied in detail.