Assertion: consortium | /r/HasProperty | a form of cooperation
Facets:
value: according to the prevailing approach
type: OTHER
Source sentences:
text: According to the prevailing approach, a consortium is a form of cooperation, different from a civil law partnership, undertaken between economically independent entities already operating on the market in order to implement a specific undertaking that is a segment of the regular activities of these entities, based on an unnamed contract and characterized by a temporary nature, minimization of institutionalization, and lack of separate property, the need to specify how the parties participate in the joint venture and the intention not to establish a “community” with partly own interests (the partnership as such).