The legal form of an LVC is a platform for co-operation between several parties to develop an innovation. By founding an LVC, an innovator brings his idea directly into a separate legal form and thus prepares the basis for easier co-operation with other know-how providers and investors. The LVC provides a legal basis for obtaining the necessary labour, material and capital contributions from various persons (natural and legal) so that an innovation can be developed. Innovators receive shares in the company for contributing their ideas or preliminary work to the LVC.