What is the difference between an equity joint venture and a$$ project$-$based collaboration?

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Part $1$

A$.$

A new legal entity is created in an equity joint$$ venture, but not in a$$ project$-$based collaboration.

B$.$

Parent companies seek ownership of an enterprise in a$$ project$-$based collaboration, but not in a joint venture.

C$.$

A$$ project$-$based collaboration has a loosely defined timetable for a$$ project, and an equity joint venture has a$$ well$-$defined timetable.

D$.$

An equity joint venture is narrower in scope than a$$ project$-$based collaboration.

E$.$

A$$ project$-$based collaboration is broader in scope than an equity joint venture.