An LVC is a platform for several parties to cooperate on developing an innovation. With the establishment of an LVC an innovator directly incorporates his idea into a specific legal structure and thereby prepares the basis for facilitating cooperation with other specialists and investors. The LVC offers a legal basis for bringing together the work, non-cash contributions and capital contributions from various persons (both private individuals and legal entities) that are required to develop an innovation, in the form of an investment. This means that the founders can prove that they already described the invention in that form at the time of establishment. The inventor or inventors are given shares in the company for contributing the idea to the LVC or doing the preparatory work.