Definition of coopetition in English:

coopetition

Line breaks: co|ope|tition
Pronunciation: /ˌkəʊɒpəˈtɪʃ(ə)n
 
/

noun

[mass noun]
Collaboration between business competitors, in the hope of mutually beneficial results.
More example sentences
  • 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.
  • ‘We use the word ‘coopetition’ a lot here,’ says Catherine Dunwoody, the partnership's executive director.
  • Some teachers see coopetition as disruptive and threatening to their pedagogical and political beliefs.

Origin

1980s: from cooperative + competition.

Definition of coopetition in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day keek
Pronunciation: kēk
verb
peep surreptitiously