ESSENCE OF ECONOMIC COMPETITION AND COMPETITIVENESS

Journal Title: Сталий розвиток економіки - Year 2016, Vol 30, Issue 1

Abstract

Purpose. The article is to analyze and study the meaning and essence of economic categories of competition and competitiveness. Methodology of research. Theoretical and methodological basis of research is the scientific works of domestic and foreign authors who have dedicated their works issues of economic competition and competitiveness. The study used general scientific and special methods to analyze and draw inferences about the categories of competition and competitiveness. Findings. The article suggests the author definition of economic competition as a process of obtaining advantages over the competition due to advances in the goods and labor markets, financial market, infrastructure and institutional features, and innovation. In close connection with the competition proposed to define competitiveness as the ability of the dynamic characteristics of a class of objects (state sector enterprises) productively occupy market niche and effectively maintain its position, adapting to changes in the environment, providing a certain level of competitive advantage. Originality. It consists of theoretical study and practical solving the complex issues related to the formation of a new look at the concept of “economic competition” and “competitiveness” that will develop concepts and categories of the theory of economics and management at the expense of the author's interpretation. Practical value. The results of research is the basis for solving practical problems and consider new approaches to the assessment of the competitiveness of the country, industry or sector.

Authors and Affiliations

Anna Puzhay Chereda

Keywords

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  • EP ID EP201930
  • DOI -
  • Views 135
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How To Cite

Anna Puzhay Chereda (2016). ESSENCE OF ECONOMIC COMPETITION AND COMPETITIVENESS. Сталий розвиток економіки, 30(1), 55-60. https://www.europub.co.uk/articles/-A-201930