Final answer:
Even if a cooperative strategy fails, a firm can benefit by learning from the experience, which helps in building future alliances, and gaining knowledge and insights that can be applied to enhance the firm's capabilities.
Step-by-step explanation:
A firm can benefit from a failed cooperative strategy in several ways. One of the key benefits is that the firm can learn from the experience to build successful alliances in the future. This learning process can involve understanding the dynamics of partnerships, recognizing potential pitfalls, and refining strategy and criteria for selecting partners. Furthermore, even if a cooperative strategy does not achieve its initial goals, the process of collaboration often involves sharing of knowledge and resources which can be valuable in its own right, enhancing the firm's capabilities.
Another potential benefit is that the firm may gain insights into competitor behavior, market dynamics, or new business methodologies that can be applied independently of the alliance. While the cooperative strategy might not have led to the desired outcome, the knowledge gained about operations, markets, or even about how to better structure agreements can be invaluable.