Definition of coopetition in English:

coopetition

noun

  • [mass noun] Collaboration between business competitors, in the hope of mutually beneficial results.

    • ‘A market analyst says the use of BCA ATMs by other banks is the proof of a new era called coopetition; an era where competition goes side by side with co-operation.’
    • ‘Studies on coopetition have developed rapidly, particularly in recent years, and the concept has been used to explain many economic and social phenomena in various industries and in different countries.’
    • ‘Under coopetition there is a paradox that the knowledge shared for cooperation may also be used for competition.’
    • ‘For certain pairings, coopetition has been a reality for many years.’
    • ‘‘We use the word ‘coopetition’ a lot here,’ says Catherine Dunwoody, the partnership's executive director.’
    • ‘He views this as healthy coopetition.’
    • ‘Ten to fifteen years ago, a lot was being written about the concept of coopetition.’
    • ‘She examines how coopetition is today being applied to the relations between multinational enterprises and their global rivals, foreign governments, alliance partners, and corporate sub-units.’
    • ‘Some teachers see coopetition as disruptive and threatening to their pedagogical and political beliefs.’
    • ‘Even those not moved by industry buzzwords like coopetition and strategic synergy would have to pay heed to statistics that show CEOs are focusing more than ever on savvy alliance building.’
    collaboration, working together, joint action, combined effort, teamwork, mutual support, partnership, coopetition, coordination, liaison, association, synergy, unity, concurrence, concord, accord, understanding, give and take, compromise
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Origin

1980s: from cooperative + competition.

Pronunciation:

coopetition

/ˌkəʊɒpəˈtɪʃ(ə)n/