Over the past decades, many authors establish various kinds of competition and cooperation models of two enterprises to analyze the dynamic interaction. However, they are only concerned with integer-order differential equation models, while the reports on fractional-order ones are very rare. In this article, based on the earlier studies, we propose a new fractional-order delayed competition and cooperation model of two enterprises. Letting the delay be bifurcation parameter and analyzing the corresponding characteristic equation of involved model, we establish some new sufficient conditions to...