Significance of Partnership
Partnership, as defined by Dharmashastra, Theravada, and Science, encompasses a collaborative agreement among individuals or entities to operate a business or project together. In Dharmashastra, it is viewed as a formal agreement where participants share profits and risks. Theravada highlights a cooperative relationship between traders for business purposes, while Science focuses on partnerships between schools and other organizations to enhance resources and support. Overall, partnership signifies collaboration towards shared objectives across various contexts.
Synonyms: Collaboration, Alliance, Cooperation, Joint venture, Teamwork, Coalition, Union
In Dutch: Partnerschap; In Finnish: Kumppanuus
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
Buddhist concept of 'Partnership'
Partnership in Buddhism signifies a cooperative relationship between traders aimed at mutual business success, reflecting principles of collaboration and interdependence that align with Buddhist values of harmony and mutual benefit in endeavors.
From: Jataka tales [English], Volume 1-6
(1) A cooperative relationship formed between the two traders for the purpose of conducting business together.[1]
Hindu concept of 'Partnership'
Partnership in Hinduism encompasses a formal agreement among individuals to engage in a joint business venture, sharing both risks and rewards, and establishing a legal relationship to collaborate on mutual projects for profit.
From: Manusmriti with the Commentary of Medhatithi
(1) A formal agreement between two or more individuals to operate a business together for profit, sharing risks and rewards according to agreed terms.[2] (2) A legal relation between two or more individuals who collaborate to further a business or project.[3]
The concept of Partnership in scientific sources
Partnership entails collaborations between schools and various organizations, aimed at pooling resources and support to enhance educational experiences and outcomes for students through shared efforts and mutual goals.
From: The Malaysian Journal of Medical Sciences
(1) Collaborations between schools and other organizations, to provide resources and support.[4]