Co-optition framework

From knowledgebase
Revision as of 19:54, 27 August 2020 by Dirkjan (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

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