BUSINESS COMPETITORS AND COMPETITIVE ADVANTAGE

Suciu Titus
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Suciu Titus: Transilvania University of Brasov, Romania

Annals - Economy Series, 2013, vol. 4, 225-228

Abstract: The paper presents the concept of competition, both from the perspective of the economic sector – where it is characteristic for pure monopole, oligopoly, monopole competition and pure competition, as well as from the market’s point of view – where it determines the strategies, objectives, advantages and weaknesses of a company. The main point of the paper is the criticism of the pure and perfect competition theory. Concluding, the author insists on innovation, especially on the model of open innovation.

Keywords: pure competition; competitive advantage; innovation; monopole (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:4:p:225-228

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