THE IMPACT OF COMPETITION ON ECONOMIC GROWTH

In this article, we discuss about the significant role of competition in economic development. It highlights the role of competition in supporting innovation, increasing economic efficiency, producing higher-quality products and services. Furthermore, it explores the challenges associated with negative consequences of excessive or unfair competition, such as predatory price wars, issues of resource inequity and potential harm to smaller businesses.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-06-07
DOI
https://doi.org/10.5281/zenodo.15616058
Primary Topic
Economic and Technological Innovation
Type
article
Field-Weighted Citation Impact
0.00
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article

THE IMPACT OF COMPETITION ON ECONOMIC GROWTH

Zenodo (CERN European Organization for Nuclear Research)
Economic and Technological Innovation
article

THE IMPACT OF COMPETITION ON ECONOMIC GROWTH

article en

Abstract

In this article, we discuss about the significant role of competition in economic development. It highlights the role of competition in supporting innovation, increasing economic efficiency, producing higher-quality products and services. Furthermore, it explores the challenges associated with negative consequences of excessive or unfair competition, such as predatory price wars, issues of resource inequity and potential harm to smaller businesses.

Zenodo (CERN European Organization for Nuclear Research)
Gulistan State University (UZ)
Decent work and economic growth
Openalex Percentile: Top 45%
Economic and Technological Innovation
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THE IMPACT OF COMPETITION ON ECONOMIC GROWTH · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS