What is partnership economy ?
Partnership economy is a concept that describes an economic model where businesses and organizations collaborate and build partnerships to create value and growth.
Instead of solely focusing on competition and individual business profits, partnership economy emphasizes the importance of collaborating and building long-term relationships between businesses and organizations to achieve common goals.
Partnership economy can also involve businesses and organizations collaborating with customers, suppliers, employees, and other stakeholders to create a mutually beneficial economic environment. In a partnership economy, relationships are built on trust, shared responsibility, and mutual exchange of value.
Partnership economy can be seen as a development from the traditional competition-based economy, which has been dominant for many years, and is a result of the increased focus on sustainability and social responsibility within the business world.