I'm creating a content type Event. I want to reference the node of another content type Venue, so the user will be able to click to the venue node from the event.

To reference the venue on the Event creation page, ideally it would be a text field with autocomplete showing a list of possible venue nodes.

Now if the venue node hasn't been created yet, can Drupal allow the Event to be created using the entered text as display (i.e plain text)?