Open-coopetition is a compound-word term bridging coopetition and open-source. Coopetition refers to a paradoxical relationship between two or more actors simultaneously involved in cooperative and competitive interactions;[2][3] and open-source both as a development method that emphasizes transparency and collaboration, and as a "private-collective" innovation model with features both from the private investment and collective action[4] — firms contribute towards the creation of public goods while giving up associated intellectual property rights such patents, copyright, licenses, or trade secrets.