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But most of the financing should come from private sources, including groups controlling venture-capital funds.
If the government "controls the venture funds, no real venture funds will come".
To address that China is for the first time allowing joint ventures with foreign partners to tender bids for shale-gas sites (the Chinese partner has to control the venture).The drama surrounding Glencore's mega-bid for Xstrata took a twist when Tony Blair was parachuted in to smooth eleventh-hour negotiations with Qatar's sovereign-wealth fund, Xstrata's second-biggest shareholder.
Morgan Stanley controls the venture, which employs an army of stockbrokers.
TNK wanted to control the venture — so, naturally, BP suddenly had visa and other problems.
Cendant, which is based in New York, will manage and control the venture, a Marriott spokesman, Tom Marder, said.
Although AOL Time Warner owns more than 60percentt of Road Runner, it has not been consolidating those losses on its earnings statement because Advance/Newhouse, though it owns only a small stake, has blocking rights on management issues, so AOL Time Warner does not effectively control the venture.
While the safety net induces a gap between the radical innovation success of corporate ventures (CVs) and ventures without a corporate sponsor, the superior radical innovation success of CVs decreases with the corporate sponsor's incentives to control the venture.
That I was still on course with my life though it sure did feel like I was careening out of control, venturing even deeper into the vast unknown.
The poet takes on the oceanic otherness of infancy with great skill and control, venturing clear-eyed towards the wordless shore: 'the dogs are gods to be scolded' indeed.
That is something of a departure for SBC, which has traditionally preferred to control its ventures outright.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com