Co-optition framework
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While Porter's five forces framework focusses on the negative effects that market participants can have on a firms profitability, the co-optition framework enriches this perspective by highlighting the positive aspects such as:
- Joint setting of technology and other standards
- This is often a prerequisite for ensuring the growth of an industry.
- Joint developments
- Can offer an opportunity for improving quality, increasing demand or streamlining procurement.
- Joint lobbying
- Can help favorable legislation and helps growth and erecting Entry barriers
See also: Co-opetition