Co-opetition meaning

A principle of game theory that says businesses succeed by combining their cooperative strategies with competitive strategies. The premise is that they cooperate in order to increase the pie of available business opportunities and then compete against each other in order to divide the pie up and obtain a greater share. Implicit in the theory is that one competitor doesn’t have to fail in order for another company to succeed.
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Conflict over how to divide up the benefits produced by cooperation, as for example in labor-management relations.
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A relationship between two companies involving competition in some segments and cooperation in others.
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Conflict over how to divide up the benefits produced by cooperation, as for example in labor-management relations.
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Origin of co-opetition