👉 Interfirm refers to a relationship between two or more firms, often in the context of business operations and relationships. It can refer to the exchange of goods, services, information, or ideas among firms that are not related by ownership or control. Interfirms can be domestic or international, and they may operate under different legal frameworks (e.g., European Union, United States). Interfirm relations are complex and multifaceted, with both positive and negative impacts on businesses and economies. They can lead