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Conceptual Framework And Levels Of Competitiveness

Author

Listed:
  • Orsolya Tünde NAGY

    (Institute of Accounting and Finance, Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary)

  • Anita KISS

    (: Institute of Accounting and Finance, Faculty of Economics and Business, University of Debrecen, Debrecen, Hungary)

Abstract

Rivalry, competition itself, is essentially ancient to humanity, but the concept's rise to prominence dates back to the 19th century, a natural feature of capitalist economies, in the underlying marketplace, all essential activities take the form of competition. The concept of competitiveness, however, only entered the public consciousness in the 1980s, in connection with the activities of the Sectoral Competitiveness Committee set up by Ronald Reagan. In 1979, he published his academic paper "How Competitive Forces Shape Strategy", in which he identified the five forces that influence industry competition, providing a framework for conducting industry analysis and business strategy development. In the years that followed, an increasing number of academic works on the conceptual definition and empirical analysis of competitiveness were published. Among the competitiveness approaches, there are comprehensive analyses that look at the main elements and aspects of competitiveness in a general sense. In addition to comprehensive approaches, academic works identifying different levels of competitiveness predominate, with national and regional competitiveness being the most frequently highlighted on a territorial basis, and industry and firm competitiveness being the most frequently highlighted in relation to economic factors. There is no consensus on the relationship between the different levels.

Suggested Citation

  • Orsolya Tünde NAGY & Anita KISS, 2024. "Conceptual Framework And Levels Of Competitiveness," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 33(2), pages 74-82, December.
  • Handle: RePEc:ora:journl:v:2:y:2024:i:2:p:74-82
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    References listed on IDEAS

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    1. Karl Aiginger & Michael Landesmann, 2002. "Competitive Economic Performance: The European View," WIFO Working Papers 179, WIFO.
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    More about this item

    Keywords

    efficiency; competitiveness; business competitiveness;
    All these keywords.

    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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