Survival of the Fittest: Decoding Competition and Its Evolution

Roberto S. Vassolo (), Natalia Weisz () and Benjamin Laker ()
Additional contact information
Roberto S. Vassolo: Universidad Austral
Natalia Weisz: Universidad Austral
Benjamin Laker: University of Reading

Chapter Chapter 3 in Advanced Strategic Management, 2024, pp 35-53 from Springer

Abstract: Abstract In this chapter, we provide a comprehensive analysis of the industry life cycle, highlighting the influence of four key processes on competitive strategies: the evolution of technology, the progressive development of business models, the widespread diffusion of demand, and the evolution of competitive pressures. The competitive process impacts critical industry variables, including sales, prices, costs, and the number of competitors, thereby shaping the essential priorities of organizations. In addition, we emphasize the need for organizations to adapt their priorities in response to the evolving competitive landscape, effectively addressing inevitable challenges to ensure successful implementation and sustained competitiveness in dynamic business environments. To achieve this goal, we include examples, statistics, and figures that illustrate evolution across diverse and well-known industries.

Keywords: Disruption; Industrial Revolution; Business Model; Diffusion of Demand; Evolution of Competitive Pressures; Evolution of Prices; Industry Life Cycle (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-57419-1_3

Ordering information: This item can be ordered from
http://www.springer.com/9783031574191

DOI: 10.1007/978-3-031-57419-1_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().