Hypercompetition

Hypercompetition

Often a characteristic of new markets and industries, hypercompetition occurs when technologies or offerings are so new that standards and rules are in flux, resulting in competitive advantages that cannot be sustained. In response, companies must constantly compete in price or quality, or innovate in supply chain management, new value creation, or have enough financial capital to outlast other competitors.

This phenomenon is described in Richard D'Aveni’s book of the same name.


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  • hypercompetition — hy‧per‧com‧pet‧i‧tion [ˈhaɪpəkɒmpˌtɪʆn ǁ pərkɑːm ] noun [uncountable] ECONOMICS a situation in which there is a lot of very strong competition between companies, markets are changing very quickly, and it is easy to enter a new market, so that… …   Financial and business terms

  • hypercompetitive — hypercompetition UK US /ˌhaɪpəkɒmpəˈtɪʃən/ noun [U] ► ECONOMICS a situation of extreme competition, where companies must try even harder than usual to have better products, sell more, etc.: »The telecom company is preparing for another year of… …   Financial and business terms

  • D'Aveni's 7S framework — is a key approach that can be used to direct a firm in a high velocity or Hypercompetitive markets. it is designed to enable firms sustain the momentum of their competitiveness through a series of initiatives that are poised to give temporary… …   Wikipedia

  • Richard D'Aveni — Richard A. D Aveni is Professor of Strategic Management at the Tuck School of Business at Dartmouth College.D Aveni is well known for pioneering the study of Hypercompetition. Under Hypercompetition, the quickening pace in many industries makes… …   Wikipedia

  • Diet Pepsi — Type Diet Cola Manufacturer PepsiCo, Inc. Country of origin United States …   Wikipedia

  • Hans Werner Gottinger — (* 1943) ist ein deutscher Ökonom. Inhaltsverzeichnis 1 Leben 2 Plagiatsvorwürfe 3 Bücher 4 Siehe auch …   Deutsch Wikipedia

  • Competition — Intra or intermarket rivalry between businesses trying to obtain a larger piece of the same market share. The New York Times Financial Glossary * * * competition com‧pe‧ti‧tion [ˌkɒmpˈtɪʆn ǁ ˌkɑːm ] noun [uncountable] 1. COMMERCE a situation in …   Financial and business terms

  • competition — Intra or intermarket rivalry between or among businesses trying to obtain a larger piece of the same market share. Bloomberg Financial Dictionary * * * competition com‧pe‧ti‧tion [ˌkɒmpˈtɪʆn ǁ ˌkɑːm ] noun [uncountable] 1. COMMERCE a situation… …   Financial and business terms

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