publication . Preprint . 2009

Theoretical aspects of competitive advantage and competition

Hudakova, Ivana;
Open Access
  • Published: 01 Jan 2009
The concept of competitive advantage is well-known for many of us and a number of literary resources focused on entrepreneurship and functioning of economies deal with it, either directly or indirectly. The understanding of the term competitive advantage though sometimes varies. One can only perceive it when looking at it as a whole, a live organism that is constantly developing in a complex dynamic entrepreneurial environment, the individual parts of which do not function when separated from each other. They are mutually integrated and they influence each other in all aspects and their feedback. A competitive environment forces businesses to fight each other so...
free text keywords: competitive advantage, competition, competitiveness, jel:M00, jel:M19

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