{"id":475,"date":"2026-04-07T23:25:00","date_gmt":"2026-04-07T23:25:00","guid":{"rendered":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/?post_type=part&#038;p=475"},"modified":"2026-04-07T23:25:00","modified_gmt":"2026-04-07T23:25:00","slug":"3-joint-venture-example","status":"publish","type":"part","link":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/part\/3-joint-venture-example\/","title":{"rendered":"3 Joint Venture Example"},"content":{"raw":"<h3 data-section-id=\"ofkbk1\" data-start=\"160\" data-end=\"213\">Semiconductor Joint Ventures (CHIPS Act Era)<\/h3>\r\n<p data-start=\"215\" data-end=\"338\">In 2022, the U.S. government passed the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">CHIPS and Science Act<\/span><\/span> to boost computer chip production in the U.S.<\/p>\r\n<p data-start=\"340\" data-end=\"504\">Instead of forcing companies, the government used billions in incentives (grants, tax credits, subsidies) to strongly encourage partnerships and joint ventures.<\/p>\r\n\r\n<h3 data-section-id=\"s76ca6\" data-start=\"506\" data-end=\"523\">Real Example:<\/h3>\r\n<ul data-start=\"524\" data-end=\"850\">\r\n \t<li data-section-id=\"30lfsy\" data-start=\"524\" data-end=\"707\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Intel<\/span><\/span> partnered with <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Brookfield Asset Management<\/span><\/span><br data-start=\"616\" data-end=\"619\" \/>\u2192 They created a joint investment structure to fund semiconductor factories in Arizona<\/li>\r\n \t<li data-section-id=\"nln21c\" data-start=\"709\" data-end=\"850\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Taiwan Semiconductor Manufacturing Company<\/span><\/span> has also partnered with U.S. suppliers and received government incentives to build plants in the U.S.<\/li>\r\n<\/ul>\r\n\r\n<hr data-start=\"852\" data-end=\"855\" \/>\r\n\r\n<h3 data-section-id=\"obj8j7\" data-start=\"857\" data-end=\"896\">Why the U.S. Government Pushed This<\/h3>\r\n<p data-start=\"897\" data-end=\"950\">Officials strongly encouraged these joint efforts to:<\/p>\r\n\r\n<ul data-start=\"951\" data-end=\"1118\">\r\n \t<li data-section-id=\"xslosx\" data-start=\"951\" data-end=\"1010\">Reduce reliance on foreign chips (especially from Asia)<\/li>\r\n \t<li data-section-id=\"10npymm\" data-start=\"1011\" data-end=\"1043\">Strengthen national security<\/li>\r\n \t<li data-section-id=\"1h23xlq\" data-start=\"1044\" data-end=\"1064\">Create U.S. jobs<\/li>\r\n \t<li data-section-id=\"1dis1cu\" data-start=\"1065\" data-end=\"1118\">Share the massive cost of building chip factories<\/li>\r\n<\/ul>\r\n\r\n<hr data-start=\"1120\" data-end=\"1123\" \/>\r\n\r\n<h3 data-section-id=\"1bdakzf\" data-start=\"1125\" data-end=\"1162\">Simple Explanation<\/h3>\r\n<p data-start=\"1163\" data-end=\"1181\">Instead of saying:<\/p>\r\n\r\n<blockquote data-start=\"1182\" data-end=\"1218\">\r\n<p data-start=\"1184\" data-end=\"1218\">\u201cYou MUST partner with someone,\u201d<\/p>\r\n<\/blockquote>\r\n<p data-start=\"1220\" data-end=\"1255\">the U.S. government basically said:<\/p>\r\n\r\n<blockquote data-start=\"1256\" data-end=\"1332\">\r\n<p data-start=\"1258\" data-end=\"1332\">\u201cIf you partner up and build here, we\u2019ll give you a LOT of money to help.\u201d<\/p>\r\n<\/blockquote>\r\n\r\n<hr data-start=\"1334\" data-end=\"1337\" \/>\r\n<p data-start=\"1384\" data-end=\"1399\"><\/p>\r\n\r\n<blockquote data-start=\"1400\" data-end=\"1472\">\r\n<p data-start=\"1402\" data-end=\"1472\"><span class=\"pullquote-right\">Is this really \u201cencouragement,\u201d or is it pressure with money attached?<\/span><\/p>\r\n<\/blockquote>","rendered":"<h3 data-section-id=\"ofkbk1\" data-start=\"160\" data-end=\"213\">Semiconductor Joint Ventures (CHIPS Act Era)<\/h3>\n<p data-start=\"215\" data-end=\"338\">In 2022, the U.S. government passed the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">CHIPS and Science Act<\/span><\/span> to boost computer chip production in the U.S.<\/p>\n<p data-start=\"340\" data-end=\"504\">Instead of forcing companies, the government used billions in incentives (grants, tax credits, subsidies) to strongly encourage partnerships and joint ventures.<\/p>\n<h3 data-section-id=\"s76ca6\" data-start=\"506\" data-end=\"523\">Real Example:<\/h3>\n<ul data-start=\"524\" data-end=\"850\">\n<li data-section-id=\"30lfsy\" data-start=\"524\" data-end=\"707\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Intel<\/span><\/span> partnered with <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Brookfield Asset Management<\/span><\/span><br data-start=\"616\" data-end=\"619\" \/>\u2192 They created a joint investment structure to fund semiconductor factories in Arizona<\/li>\n<li data-section-id=\"nln21c\" data-start=\"709\" data-end=\"850\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Taiwan Semiconductor Manufacturing Company<\/span><\/span> has also partnered with U.S. suppliers and received government incentives to build plants in the U.S.<\/li>\n<\/ul>\n<hr data-start=\"852\" data-end=\"855\" \/>\n<h3 data-section-id=\"obj8j7\" data-start=\"857\" data-end=\"896\">Why the U.S. Government Pushed This<\/h3>\n<p data-start=\"897\" data-end=\"950\">Officials strongly encouraged these joint efforts to:<\/p>\n<ul data-start=\"951\" data-end=\"1118\">\n<li data-section-id=\"xslosx\" data-start=\"951\" data-end=\"1010\">Reduce reliance on foreign chips (especially from Asia)<\/li>\n<li data-section-id=\"10npymm\" data-start=\"1011\" data-end=\"1043\">Strengthen national security<\/li>\n<li data-section-id=\"1h23xlq\" data-start=\"1044\" data-end=\"1064\">Create U.S. jobs<\/li>\n<li data-section-id=\"1dis1cu\" data-start=\"1065\" data-end=\"1118\">Share the massive cost of building chip factories<\/li>\n<\/ul>\n<hr data-start=\"1120\" data-end=\"1123\" \/>\n<h3 data-section-id=\"1bdakzf\" data-start=\"1125\" data-end=\"1162\">Simple Explanation<\/h3>\n<p data-start=\"1163\" data-end=\"1181\">Instead of saying:<\/p>\n<blockquote data-start=\"1182\" data-end=\"1218\">\n<p data-start=\"1184\" data-end=\"1218\">\u201cYou MUST partner with someone,\u201d<\/p>\n<\/blockquote>\n<p data-start=\"1220\" data-end=\"1255\">the U.S. government basically said:<\/p>\n<blockquote data-start=\"1256\" data-end=\"1332\">\n<p data-start=\"1258\" data-end=\"1332\">\u201cIf you partner up and build here, we\u2019ll give you a LOT of money to help.\u201d<\/p>\n<\/blockquote>\n<hr data-start=\"1334\" data-end=\"1337\" \/>\n<p data-start=\"1384\" data-end=\"1399\">\n<blockquote data-start=\"1400\" data-end=\"1472\">\n<p data-start=\"1402\" data-end=\"1472\"><span class=\"pullquote-right\">Is this really \u201cencouragement,\u201d or is it pressure with money attached?<\/span><\/p>\n<\/blockquote>\n","protected":false},"parent":0,"menu_order":20,"template":"","meta":{"pb_part_invisible":null},"contributor":[],"license":[],"class_list":["post-475","part","type-part","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/pressbooks\/v2\/parts\/475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":1,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/pressbooks\/v2\/parts\/475\/revisions"}],"predecessor-version":[{"id":476,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/pressbooks\/v2\/parts\/475\/revisions\/476"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/wp\/v2\/media?parent=475"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/wp\/v2\/contributor?post=475"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ulib.csuohio.edu\/business-essentials-for-future-professionals\/wp-json\/wp\/v2\/license?post=475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}