POSSIBLE IMPLEMENTATIONS OF PREDICTION MODELS FOR FORMING GLOBAL COOPERATION RELATIONS

Cooperation is a global phenomenon. It is present everywhere, all over the world, in every aspect of social, technological and economic development. The most known examples of cooperation are strategic alliances, fusions, clusters, business networks and many other groups in which two or more different companies or individuals are present. The base for the right working of cooperation is management. Cooperation management not only handles, coordinates and support the creation of relationships in global dynamic market, but also evaluates these relations. On base of this, companies can make better decision regarding the future local and global interaction in the form of cooperation. One way how to evaluate these relations is by using prediction models. By using these models companies are able to calculate whether the cooperation would be appropriate and whether it would bring an added value the synergetic effect which is a phenomenon which would be not achieved without the mutual cooperation of two independent companies. In this paper the theoretical background of cooperation in business environment is discussed. After, indicators as well as quantitative approaches which are helpful in this procedure are presented. Finally, we suggest possible particular implementations how prediction models could be used in forming cooperation process.