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Encyclopedia > Coopetition

Coopetition or Co-opetition is a neologism coined to describe cooperative competition. Cartels are well-known examples of companies working together in order to limit competition. In contrast, co-opetition focuses on cooperation between companies in imperfectly competitive markets. A neologism (Greek νεολογισμός [neologismos], from νέος [neos] new + λόγος [logos] word, speech, discourse + suffix -ισμός [-ismos] -ism) is a word, term, or phrase which has been recently created (coined) — often to apply to new concepts, to synthesize pre-existing concepts, or to make older terminology sound more contemporary. ... Co-operation refers to the practice of people or greater entities working in common with commonly agreed-upon goals and possibly methods, instead of working separately in competition. ... Competition is the act of striving against another force for the purpose of achieving dominance or attaining a reward or goal, or out of a biological imperative such as survival. ... A cartel is a group of legally independent producers whose goal it is to fix prices, limit supplies and limit competition. ... Look up Market in Wiktionary, the free dictionary. ...


Examples of coopetition include Apple and Microsoft building closer ties on software development, and the cooperation between Peugeot and Toyota on a new city car for Europe in 2005. Apple Inc. ... Microsoft Corporation, (NASDAQ: MSFT, HKSE: 4338) is a multinational computer technology corporation with global annual revenue of US$44. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... Peugeot is a major French car brand, part of PSA Peugeot Citroën. ... Toyota Motor Corporation ), or Toyota is a Japanese multinational corporation and the worlds second largest[3] automaker making automobiles, trucks, buses, robots and providing financial services through its division Toyota Financial Services. ... This article is 150 kilobytes or more in size. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...


Other examples are Free and Open Source Software companies: They all contribute to the production of a software pool that anyone can use as a base for their own business model. This article is about free software as defined by the sociopolitical free software movement; for information on software distributed without charge, see freeware. ... Open source refers to projects that are open to the public and which draw on other projects that are freely available to the general public. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... The term business model describes a broad range of informal and formal models that are used by enterprises to represent various aspects of business, such as operational processes, organizational structures, and financial forecasts. ...


Several different people claim to be the originator of the word coopetition. Raymond Noorda of Novell, [1], [2], [3] and NASCAR Driver/Commentator Darrell Waltrip and David Cheplowitz. Raymond Noorda (born 1924) was a U.S. computer businessman. ... Novell, Inc. ... The National Association of Stock Car Auto Racing (NASCAR) is the largest sanctioning body of motorsports in the United States. ... Darrell Waltrip in 2003 Darrell Lee Waltrip (born February 5, 1947 in Owensboro, Kentucky) is a three-time former NASCAR Winston Cup champion, the 1989 Daytona 500 winner, and current television race commentator with Fox Broadcasting Company. ...


References

  • Adam Brandenburger, Barry Nalebuff Co-Opetition : A Revolution Mindset That Combines Competition and Cooperation ISBN 0-385-47950-6

Barry Nalebuff is Milton Steinbach Professor of Management at Yale School of Management. ...

External Links


  Results from FactBites:
 
Coopetition - Wikipedia, the free encyclopedia (180 words)
Coopetition or Co-opetition is a buzzword coined to describe cooperative competition.
Examples of coopetition include Apple and Microsoft building closer ties on software development, and the cooperation between Peugeot and Toyota on a new city car for Europe in 2005.
Other examples are Free and Open Source Software companies: They all contribute to the production of a software pool that anyone can use as a base for their own business model.
"Coopetition" gaining acceptance | CNET News.com (963 words)
The idea of "coopetition," which refers to a business cooperating with its competitor, is not new.
Last week, Netscape executives used "coopetition" to describe the strategy they are pursuing and said they expect to announce new alliances with search engine and e-commerce partners in one to two months.
The term "coopetition" is being thrown around freely in "executive-speak," just as the term "bandwidth" is now commonly used to describe a person's or group's ability to handle increased workload at the office.
  More results at FactBites »

 
 

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