Word info

co-opetition

Noun

Meaning

A relationship between two companies involving competition in some segments and cooperation in others.

Conflict over how to divide up the benefits produced by cooperation, as for example in labor-management relations.

Source: en.wiktionary.org

Examples

Samsung and other companies potentially impacted by the Apple/IBM news might also wait to see if IBM can actually have an influence on enterprise iOS device sales, before getting deeper into co-opetition permutations. Source: Internet

Specifically, it involves creating an ecosystem by being open to partnering and co-opetition, and prioritizing speed and time-to-market. Source: Internet

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