European Economic Chamber – EEIGCham
International Cooperation Network
The International Cooperation Network is a project of the European Economic Chamber EEIGCham, in order to create and develop an International Organization for Economic Cooperation.
The International Cooperation Network consists of the establishment of coalitions or strategic partnerships with different economic agents in order to combine resources and competencies, to reach the objectives that would be difficult to achieve alone.
In this Project the articulation of the different partner entities is fundamental.
The concept of inter-institutional network is, by definition, a cooperative network with a set of organizations with specific competencies, privileged knowledge, and differentiated information.
The Activities are related to each other, being supported by a platform that will be the preferred form of communication between all network partners, and will allow the exchange of information, management, updating and validation of the information collected by the various entities and made available to the network and companies.
The program is designed to:
- Qualified Training Centers
- Research and development centers
- StartUp Incubators
- Local Authorities
- Business Associations
- Chambers of Commerce
- Business Networks
- Business Specialized Centers
- Economic Arbitration Centers
- Embassies and Consulates
- Banks and Financial Institutions
The international expansion of companies is closely linked to the concepts of international trade and the globalization of the economy, and it is advisable to develop cooperative practices that will foster relationships for the success of companies in international markets.
The articulation between international trade and the internationalization process through our International Cooperation Network aims to provide companies with:
- Qualified Human Resources; the need for qualified human resources in the implementation of new markets is inevitable,
- Access to new technologies and processes; the economic evolution of companies is directly linked to the implementation of innovative solutions and efficient processes,
- Access to new markets; companies in the decision-making process for internalisation analyze several constraints that through the cooperation network, besides facilitating access to the market, supports the adoption of a decision regarding the target market,
- Access to business opportunities and information; one of the strengths of the International cooperation network is the availability of business opportunities and various types of information that support the expansion of enterprises
Reasons for the International Cooperation Network
In an economic and social context, cooperation consists of establishing a relationship based on collaboration between two or more entities, in order to achieve common goals, through which resources are used and the return derived from the activity developed in cooperation is maximized.
Business cooperation can be a means to:
- Forward to business opportunities that would not have possible to respond alone.
- Obtain operational and financial synergies, greater competitiveness, negotiating power and risk sharing,
- Realizing internationalization strategies.
Why the International Cooperation Network?
Small dimension of enterprises
The vast majority of companies are small and medium-sized enterprises, which translates into a dimensional barrier to the process of internationalization and access to new markets, with limited resources and capacity to expand as well as a reduced negotiating capacity.
- Maximisation of installed capacity
- Access to new resources and inputs
- Greater economies of scale – cost, speed and quality
- Minimizing costs and sharing risks
- Increased bargaining power with customers, suppliers, banks, …
Shortage of qualified technical staff
Often companies have shortages of skilled human resources and / or skills in certain areas. The inclusion in the cooperation network allows the complementarity of skills, the outsourcing of tasks as well as the creation of new frameworks with adaptation to target markets customers, suppliers, banks, …
- Synergies and opportunity sharing
- Complementarity of competences
- Specialization and participation in value chains
The globalization of markets and increasing competition brought new challenges and demands; complexity of products, consumer demands, growing need for innovation, research and development, formalities and compliance with technical requirements of destination markets impose an organizational change and company culture.
participation in the cooperation network helps to overcome the insufficiency of the company itself in order to develop tools for the company to operate with more security and competitive advantages in foreign markets.
- Improved response to the challenges of globalization.
- Improvement in internal organization and optimization of resources
- Complementarity of functions and sharing of attributions
- Biggest offer in the range of products and services – Synergy in production and sales force
Lack of organizational culture
Entering new markets imply knowledge and adaptation to the cultures of the country of destination. inter-business cooperation can trigger processes of organizational culture and climate reinforcement through various forms of cooperation or investment.
- Assimilation of new organizational cultures
- Enhance international reputation and improve institutional image
Subcapitalization, financing and investment
The limit of financial capacity of companies makes them less competitive and affects the operational activity, hinders investment in product development, production processes and innovation. The objective of participation in the cooperation network is to minimize costs and share risks to maximize returns, as well as to strengthen capacities for viable projects and easy access to finance.
- Advantage of access to new sources of financing
- Optimization and access to new features
- Sharing Costs and Investment Risks
- Promoting innovation, research and development
Access to new markets
It is imperative to have access to new markets and new opportunities in order to diversify the portfolio of businesses, to place the products in international markets more quickly, at low cost and with high quality.
- Increased business opportunities
- Participation in international business fairs and missions
- Increase in profit margins
- Access to information in a fast and privileged way
- Geographical widening of its business bases and market share
- Security in the penetration and diversification of markets
Strategies and cooperation models.
Cooperation is an important means of enhancing competitiveness and achieving significant results.
The business climate favors horizontal, dynamic and flexible organisations, with companies and other economic actors organize themselves to take advantage of competitive value chains and access to diverse information in innovation and research but also in sharing the production, marketing and sales in unconventional markets.
The reinforcement of competitiveness in a context of increasing globalization and increased competition involves the dynamism of inter-institutional cooperation as a way to improve its strategic positioning.
In this sense, cooperation may be a means of:
- Implementing export and internationalization strategies.
- Get synergies, increased competitiveness, negotiating power and risk sharing.
- Advancing to business opportunities for which alone they would not have the capacity.
- Leveraged Buy-Out
- Group of exporters
- Business hub
- Distribution agreement
- Representation agreement
- Purchasing central
- Commercial Assistance
Technological and Technical Cooperation
- Licensing of patents and trademarks
- Technical assistance contracts
- Public tenders
Lobbying Certificate Program
Created by the European Economic Chambre EEIGCham, the Lobbying Certificate Program is a high quality standard for certifying public relations professionals and government relations professionals in depth knowledge of legislative and political processes including the rules, regulations and ethics that shape lobbying requirements and a successful career.