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What’s coopetition? Lessons from Germany for Singapore’s startup scene
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When many firms in related sectors concentrate in one area, this provides an opportunity to share knowledge to grow together to have a stronger edge against global rivals, say the writers.
PHOTO: AFP
Thomas Menkhoff and Kevin Cheong
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In the greater Stuttgart area, the heart of Germany’s engineering prowess, there is a concept driving the region’s industrial sector: “coopetition”.
This is a strategic blend of cooperation and competition for its global home-grown brands including Mercedes-Benz, Porsche and Bosch.

