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social science subjects > business and management > entrepreneurship > competition (business) > local competitors
... > social science subjects > economics > economic systems > market economy > market forces > competition (business) > local competitors
... > social science subjects > politics and international relations > political science > comparative politics > economic systems > market economy > market forces > competition (business) > local competitors
... > social science subjects > economics > economic concepts > political economy > market economy > market forces > competition (business) > local competitors
... > social science subjects > politics and international relations > political science > political economy > market economy > market forces > competition (business) > local competitors
... > social science subjects > business and management > organization studies > organization studies encyc > approaches to organization theory > organizational economics > competition (business) > local competitors
... > social science subjects > business and management > organization studies > organization studies encyc > organizational economics > competition (business) > local competitors

Preferred term

local competitors  

Definition

  • The standard economic textbook treatment of competition gives the impression that production and consumption take place on the head of a pin, as if space did not matter. In reality, of course, space does matter, in ways that constrain the boundaries of competitive domains and the intensity of competition in those domains. [Source: Encyclopedia of Business in Today's World; Local Competitors]

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https://concepts.sagepub.com/social-science/concept/local_competitors

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