Organizational learning on coopetition strategy: an exploratory research on a Turkish private banks credit card application

Abstract

In the Turkish banking sector, competition and the banks' costs have become more important than ever due to the global financial crisis which began at 2008 and affected the world economic and financial systems. The banks, aim to increase their share in the credit card market which is one of the most profitable market in the sector, are cooperated with the other banks which have well-known credit card brand and wide POS network. This strategy is called as "coopetition".