DISRUPTIVE COMPETITION: THREATS OR NEW BUSINESS OPPORTUNITIES?

Author
, professor, Kharkiv, Pushinska, 77

In heading

 Economic theory;

Signed print

 24.03.2023

Issues number

 2023-№1 (52)

Page

 30-51

Type of articles

 Scientific article

Code UDK

 [339.137:658]:005.332.4

ISSN print

 2411-5584

Abstract

 The author of the article explores the concept of disruptive competition, which unfolds on the basis of product or technological disruptive innovations or new business models, analyzes the strategies of market disruption and their consequences for business. The author reveals the essence and signs of disruptive competition, innovative dilemma, paradox, traps and anomalies of disruption competition. The article claims that asymmetric competition, hypercompetition, and supercompetition contain the potential for undermining the market. An algorithm for assessing the innovative potential and competitiveness of a business (firm) is proposed.

Keywords

 disruptive innovation, disruptive competition, innovation dilemma, paradox of disruptive competition, traps of disruptive competition, competitiveness of business (firm), innovative potential of business

Reviewer

External reviewer

Article in PDF

 Economic Theory and Law, 2023-1-30-51

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Code DOI

 10.31359/2411‐5584‐2023‐52‐1‐30

This post is also available in: Ukrainian

03.05.2023