Authors :
Hassan Abdullahi; Emmanuel Bamidele Ajulo
Volume/Issue :
Volume 8 - 2023, Issue 11 - November
Google Scholar :
https://tinyurl.com/4rvwvnye
Scribd :
https://tinyurl.com/23f7hba5
DOI :
https://doi.org/10.5281/zenodo.10250914
Abstract :
Competitive and collaborative business models
exist in business. Organizational leaders are realizing that
even their best individual efforts are insufficient to
address today's complex and interwoven issues and are
beginning to put their interests aside and work together
to create a new business infrastructure that will help
them achieve their common goals. Conversely, many
organizations have also been unjustly drawn into these
alliances when their fundamental need remains to
sharpen their competitive drive, rather than dull it
through collaboration with other firms. The reality is that
both Competition and Collaboration have weaknesses,
this study investigates these two business models and
their relevance and recommends that hybridization of the
two models can help build organizational strength in
today’s complex market.
Keywords :
Competition; Collaboration; Business; Model; Technology.
Competitive and collaborative business models
exist in business. Organizational leaders are realizing that
even their best individual efforts are insufficient to
address today's complex and interwoven issues and are
beginning to put their interests aside and work together
to create a new business infrastructure that will help
them achieve their common goals. Conversely, many
organizations have also been unjustly drawn into these
alliances when their fundamental need remains to
sharpen their competitive drive, rather than dull it
through collaboration with other firms. The reality is that
both Competition and Collaboration have weaknesses,
this study investigates these two business models and
their relevance and recommends that hybridization of the
two models can help build organizational strength in
today’s complex market.
Keywords :
Competition; Collaboration; Business; Model; Technology.
