coopetition — A business strategy that combines cooperation and competition between companies
Part of speech: NOUN
Definition: A business strategy that combines cooperation and competition between companies
Pronunciation (IPA): /koʊˈɒpɪˌtɪʃən/
Korean meaning: 기업 간 협력과 경쟁을 동시에 하는 경영 전략
Korean pronunciation: 쿠**옵**어티션
Example Sentences
- Netflix and Amazon Prime practice coopetition by competing for viewers while sharing cloud infrastructure.
- The coffee shops on the street formed a coopetition alliance - they compete for customers during the day but share delivery costs at night.
- In the gaming industry, coopetition allows companies to collaborate on industry standards while competing for market share.
coopetition
NOUN//koʊˈɒpɪˌtɪʃən//
A business strategy that combines cooperation and competition between companies
Two rival coffee shops practice coopetition by sharing a delivery van to cut costs.
🎤Pronunciation
🌳Etymology
Origin
1996년 레이 노르다(Ray Noorda)가 만든 합성어로, cooperation(협력)과 competition(경쟁)을 결합한 비즈니스 신조어
🎵Rhyme
🔗Collocations
📝Examples
“Netflix and Amazon Prime practice coopetition by competing for viewers while sharing cloud infrastructure.”
“The coffee shops on the street formed a coopetition alliance - they compete for customers during the day but share delivery costs at night.”
“In the gaming industry, coopetition allows companies to collaborate on industry standards while competing for market share.”
📚Related Words
Synonyms
Antonyms
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