Coopetition-Driven Excellence: Enhancing Product Quality and Innovation in Manufacturing SMEs through IoT-Enabled Networks

Purpose: This study explores the impact of coopetition—strategic collaboration amidst
competition—on product quality standards in Small and Medium Enterprises (SMEs).
Methodology: Using a quantitative approach, the research analyzes improvements on KPIs relatedto product quality within a group of stone manufacturing SMEs engaged in Internet of Things (IoT)-enabled coopetition networks.
Findings: Results demonstrate a significant 38.4% improvement in product quality standards and a 20.68% increase in quality consistency after adopting coopetition practices. These enhancements highlight the potential of coopetition to boost operational efficiency in the manufacturing sector.
Research limitations: The study is specific to stone manufacturing SMEs, suggesting a need for further investigation into the long-term viability of coopetition and its applicability across various industries and global markets.
Originality/value: This research quantitatively substantiates the benefits of coopetition in enhancing product quality and consistency, offering a valuable perspective on strategic collaborations through IoT networks. It underscores coopetition’s role in driving innovation and maintaining competitive advantage in the rapidly evolving manufacturing landscape, thereby providing a foundation for future studies and practical implementations in diverse industry settings.

Coopetition, Stone Industry, SMEs, Quality, Internet of Things