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Introduction to the process of competition

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  • Jackie Krafft

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - CNRS : UMR6227 - Université de Nice Sophia-Antipolis)

Abstract

This book that follows this introduction is dedicated to the analysis of the process of competition. Considering competition as a process implies at first that competition is intrinsically a dynamic and complex phenomenon. In the real world, competition is taken to mean that range of actions aimed at ensuring the realization of the choices of a given firm while restraining at the same time the sphere of actions of its rivals. In the current sense of the word, competition is associated with the verb ‘to compete' which involves a process of rivalry between firms for a market or for a productive resource (human, material or financial). This includes rivalry in prices, in improved techniques of production or products, in R&D or in advertising expenses, in the engagement of new productive or distributive activities or in the imitation of existing activities, in the implementation of new forms of organization in which customers, suppliers, partners or even competitors may be involved.

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File URL: http://hal.archives-ouvertes.fr/docs/00/21/22/78/PDF/COMPETITION-ELGAR-2000.pdf
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Bibliographic Info

Paper provided by HAL in its series Post-Print with number hal-00212278.

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Date of creation: 2000
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Publication status: Published, The Process of Competition, Edward Elgar (Ed.), 2000, 1-10
Handle: RePEc:hal:journl:hal-00212278

Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00212278/en/
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  1. Nicolai Juul Foss, 1995. "The economic thought of an Austrian Marshallian George Barclay Richardson," Journal of Economic Studies, Emerald Group Publishing, Emerald Group Publishing, vol. 22(1), pages 23-44, January.
  2. Baumol, William J, 1992. "Horizontal Collusion and Innovation," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 102(410), pages 129-37, January.
  3. Geroski, P A, 1992. "Vertical Relations between Firms and Industrial Policy," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 102(410), pages 138-47, January.
  4. Demsetz, Harold, 1973. "Industry Structure, Market Rivalry, and Public Policy," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 16(1), pages 1-9, April.
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Cited by:
  1. Iga Magda & Anna Wziatek-Kubiak, 2006. "Changes in the Competitive Position of the Czech Republic, Hungary and Poland in the EU Market," CASE Network Studies and Analyses, CASE-Center for Social and Economic Research 0317, CASE-Center for Social and Economic Research.

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