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Compete or Cooperate: Understanding of the Relationship Levels of Firms within same Industry

Asian Business Review

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Field Value
 
Title Compete or Cooperate: Understanding of the Relationship Levels of Firms within same Industry
 
Creator Shaker, Fahim; Lecturer, School of Business Studies, Southeast University, Dhaka, BANGLADESH
 
Subject Cooperation, Competition, Strategy, Competitive advantage
 
Description This paper tries to address various dimensions of the firm relationship that are competing in the same industry. Competitive strategies play important role for a firm's survival and to achieve sustainable competitive advantage. However, firms can also decide to cooperate with each other through mobilization of resources to ensure mutual benefit and thus promote healthy competition. A strategic dilemma may occur for competing firms to cooperate with other who traditionally believe in competition, profit orientation, and self-interest. This paper tries to address firm level responses and interactions amongst each other in various consequences by  relying on exploratory method of research. Firms competing in the same industry may opt for four different strategic options named as , competition, cooperation, coexistence and coopetition. Through the literature review, different forms of firm level relationships are explained under these four strategic options. This paper argues that cooperation is beneficial and may complement healthy competition amongst competing firms.JEL Classification Code:  L10, L14
 
Publisher Asian Business Consortium
 
Contributor —
 
Date 2015-03-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://journals.abc.us.org/index.php/abr/article/view/10.5.Shaker
10.18034/abr.v5i1.372
 
Source Asian Business Review; Vol 5, No 1 (2015): 10th Issue; 33-37
2305-8730
2304-2613
 
Language eng
 
Relation http://journals.abc.us.org/index.php/abr/article/view/10.5.Shaker/271
 
Rights Copyright (c) 2015 Fahim Shaker
http://creativecommons.org/licenses/by-nc/4.0