Definitions for "Co-production"
Overseas production agreements that permit a foreign government or producer to acquire the technical information required to manufacture all or part of a piece of defence equipment. Co-production is highly favoured by recipients because of the employment and technology transfer implications of these types of deals.
This arrangement involves the joint production of goods, enabling firms to optimize their own skills and resources as well as take advantage of economies of scale.
Two or more production organizations working together to create a work that requires the talents of both organizations. The organizations share the costs of the production for the primary purpose of distributing it through their own venues. They also share design elements of the production. A partnership between a production company and a presenting company.