FROM THE “DREAM OF OPPORTUNITIES” TO THE “NIRVANA OF TRUST”: ISSUES FOR A FRAMEWORK ON COOPERATIVE AGREEMENT STABILITY
Keywords:
competition and cooperation, cooperation stability, strategic alliances, networks, cooperativenessAbstract
In the era of hyper-competition, rather than simply coping with dynamic technological capabilities, firms are supposed to have relationship capabilities. Cooperation seems to emerge as an overall option for competitiveness. But a question still remains: is cooperation really cooperative? This paper intends to establish a theoretical approach to the explanation of such dilemma and to propose a framework for issues related to stable cooperation among firms. Strategic alliances and networks are the main options. The difference from one to the other will be the combination of opportunism-trust vis-à-vis techno-economic asset interdependence.
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