coopetition
/kowˌɒp.əˈtɪ.ʃən/
coopetition means cooperation between commercial competitors for their mutual advantage.
coopetition is pronounced /kowˌɒp.əˈtɪ.ʃən/.
Etymology
Blend of cooperation + competition. Compare coopete.
noun
- Cooperation between commercial competitors for their mutual advantage.
- Conflict over how to divide up the benefits produced by cooperation, as for example in labor-management relations.