This year’s Ankura Joint Venture Index® shows just how dramatically collaboration is reshaping the strategic landscape for global business. In 2025, AI‑driven infrastructure partnerships exploded, governments emerged as unlikely but powerful equity players, and companies across sectors doubled down on joint ventures to access innovation, secure supply chains, and navigate volatility.
But the real story lies beneath the headlines: unexpected execution risks, bold consolidation plays, new forms of partner coordination, and the sectors quietly reinventing themselves through collaboration. The 2026 JV Index explains the forces defining how organizations grow and where the next wave of competitive advantage will be built.
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