Firms' Collaborations Unlock Competitive Advantage, Transforming Industries
The article discusses how companies can gain a competitive edge by working together and sharing resources. It suggests that firms can benefit from relationships with other firms by sharing knowledge, assets, and capabilities. The researchers identify four main ways that firms can gain an advantage through these relationships: having unique assets, sharing knowledge effectively, combining resources, and having good governance. They also talk about how firms can protect these advantages. Overall, the article suggests that forming strong partnerships with other companies can lead to success in business.