Coopetition

Abstract

Coopetition (simultaneous cooperation and competition) and innovation are often linked. Coopetition facilitates the acquisition and exchange of knowledge between partners, enables the joint development of technologies, and allows firms to share the risks and costs associated with innovation. Coopetitive innovation is based on temporal or continuous relationships and is often intentional but sometimes unintentional. Furthermore, the number and features of partners affect the types of coopetitive innovation, whether radical or incremental. Its processes contain tension, which can be reduced by transactional and relational governance. Furthermore, the time horizon of coopetition and the various fluctuations between the competitive and cooperative impact the periodic success and challenges of coopetitive innovation. Interesting further research themes are green innovations and the role of artificial intelligence in coopetitive innovations, for example.