Dr Crick, of the Loughborough School of Business and Economics, stated<\/a>: \u201cOwner-managers are encouraged to acknowledge that once this global pandemic is over, and the regulation of certain forms of coopetition are potentially enforced, it might be challenging to end their partnerships with rivals.<\/p>\n\u201cTherefore, they should agree on the extent to which they will cooperate, vis-is, compete with their rivals in advance of changing circumstances.\u201d<\/p>\n
Finally, the paper indicates that businesses have to be aware that coopetition is a risky business-to-business marketing strategy and there could be negative outcomes, such as tension, lost intellectual property and diluted competitive advantages.<\/p>\n
Dr Crick said: \u201cTo minimise the dark-sides of coopetition from occurring, it is recommended that owner-managers and functional-level employees should be vigilant for situations that involve coopetition partners behaving opportunistically.<\/p>\n
\u201cThis will indicate when it is time to exit from these relationships.\u201d<\/p>\n
Prof Crick added: \u201cCollectively, these managerial implications serve as actionable considerations for practitioners when implementing coopetition strategies during times of crisis, such as the COVID-19 outbreak.<\/p>\n
\u201cFor clarity, coopetition has the potential to be a rewarding \u2013 performance-enhancing \u2013 business-to-business marketing strategy, but there are risks associated with companies working with untrustworthy competitors.<\/p>\n
\u201cFollowing these guidelines, if managed correctly, coopetition activities can be advantageous throughout a global emergency.\u201d<\/p>\n
Both academics said that more research needs to be carried out in order to fully understand the impact of coopetition during a global pandemic.<\/p>\n
The paper lists a number of suggestions for future research, which include investigating the circumstances which led companies to cooperate, what were the experiences as these\u00a0companies had and what were the outcomes.<\/p>\n","protected":false},"excerpt":{"rendered":"
Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic – in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks. A new paper published in the journal\u00a0Industrial Marketing Management\u00a0has examined coopetition \u2013 cooperating with competitors […]<\/p>\n","protected":false},"author":7,"featured_media":11882,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[25],"tags":[11099,3468,4946],"acf":[],"yoast_head":"\n
Businesses Response To The Pandemic: Collaborations With Competitors<\/title>\n<meta name=\"description\" content=\"Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic - in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Businesses Response To The Pandemic: Collaborations With Competitors\" \/>\n<meta property=\"og:description\" content=\"Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic - in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-09T02:48:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2020\/06\/f.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1380\" \/>\n\t<meta property=\"og:image:height\" content=\"920\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Businesses Response To The Pandemic: Collaborations With Competitors\",\"datePublished\":\"2020-06-09T02:48:01+00:00\",\"dateModified\":\"2020-06-09T02:48:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\"},\"wordCount\":575,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"keywords\":[\"Amazon\",\"business\",\"google\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\",\"url\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\",\"name\":\"Businesses Response To The Pandemic: Collaborations With Competitors\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/#website\"},\"datePublished\":\"2020-06-09T02:48:01+00:00\",\"dateModified\":\"2020-06-09T02:48:01+00:00\",\"description\":\"Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic - in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.footballthink.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Businesses Response To The Pandemic: Collaborations With Competitors\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.footballthink.com\/#website\",\"url\":\"https:\/\/www.footballthink.com\/\",\"name\":\"OpenBusinessCouncil Directory\",\"description\":\"Openbusinesscouncil\",\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.footballthink.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\/\/www.footballthink.com\/#organization\",\"name\":\"openbusinesscounsil\",\"url\":\"https:\/\/www.footballthink.com\/\",\"sameAs\":[],\"logo\":{\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#local-main-organization-logo\"},\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\",\"name\":\"Hernaldo Turrillo\",\"description\":\"Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.\",\"url\":\"https:\/\/www.footballthink.com\/author\/hturrillo\/\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#local-main-organization-logo\",\"url\":\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png\",\"contentUrl\":\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png\",\"width\":1161,\"height\":250,\"caption\":\"openbusinesscounsil\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Businesses Response To The Pandemic: Collaborations With Competitors","description":"Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic - in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/","og_locale":"en_US","og_type":"article","og_title":"Businesses Response To The Pandemic: Collaborations With Competitors","og_description":"Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic - in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks.","og_url":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/","og_site_name":"OpenBusinessCouncil Directory","article_published_time":"2020-06-09T02:48:01+00:00","og_image":[{"width":1380,"height":920,"url":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2020\/06\/f.jpeg","type":"image\/jpeg"}],"author":"Hernaldo Turrillo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Hernaldo Turrillo","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#article","isPartOf":{"@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/"},"author":{"name":"Hernaldo Turrillo","@id":"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23"},"headline":"Businesses Response To The Pandemic: Collaborations With Competitors","datePublished":"2020-06-09T02:48:01+00:00","dateModified":"2020-06-09T02:48:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/"},"wordCount":575,"publisher":{"@id":"https:\/\/www.footballthink.com\/#organization"},"keywords":["Amazon","business","google"],"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/","url":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/","name":"Businesses Response To The Pandemic: Collaborations With Competitors","isPartOf":{"@id":"https:\/\/www.footballthink.com\/#website"},"datePublished":"2020-06-09T02:48:01+00:00","dateModified":"2020-06-09T02:48:01+00:00","description":"Businesses all over the world had the necessary mission of making alliances with competitors with the objective of surviving the coronavirus pandemic - in some cases they have grown \u2013 but sharing excessive amounts of information with rivals comes\u00a0with risks.","breadcrumb":{"@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.footballthink.com\/"},{"@type":"ListItem","position":2,"name":"Businesses Response To The Pandemic: Collaborations With Competitors"}]},{"@type":"WebSite","@id":"https:\/\/www.footballthink.com\/#website","url":"https:\/\/www.footballthink.com\/","name":"OpenBusinessCouncil Directory","description":"Openbusinesscouncil","publisher":{"@id":"https:\/\/www.footballthink.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.footballthink.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":["Organization","Place"],"@id":"https:\/\/www.footballthink.com\/#organization","name":"openbusinesscounsil","url":"https:\/\/www.footballthink.com\/","sameAs":[],"logo":{"@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#local-main-organization-logo"},"image":{"@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#local-main-organization-logo"},"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"09:00","closes":"17:00"}]},{"@type":"Person","@id":"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23","name":"Hernaldo Turrillo","description":"Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.","url":"https:\/\/www.footballthink.com\/author\/hturrillo\/"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.footballthink.com\/businesses-response-to-the-pandemic-collaborations-with-competitors\/#local-main-organization-logo","url":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png","contentUrl":"https:\/\/www.footballthink.com\/wp-content\/uploads\/2017\/04\/logo_big.png","width":1161,"height":250,"caption":"openbusinesscounsil"}]}},"_links":{"self":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/11881"}],"collection":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/comments?post=11881"}],"version-history":[{"count":1,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/11881\/revisions"}],"predecessor-version":[{"id":11883,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/posts\/11881\/revisions\/11883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/media\/11882"}],"wp:attachment":[{"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/media?parent=11881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/categories?post=11881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.footballthink.com\/wp-json\/wp\/v2\/tags?post=11881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.openbusinesscouncil.org\/wp-content\/uploads\/2020\/06\/f-1024x682.jpeg\")
<\/p>\n