COMPETITIVENESS AND COMPETITION MANAGEMENT: THE NEW THEORY CONCEPT

Abstract

The theoretical and practical issues associated with competition have been in the focus of the economic theory for ages. But it was in the 1930-s when Economics of Imperfect Competition by Joan Robinson and Theory of Monopolistic Competition by Edward Chamberlin were published which marked the beginning of the theory of competition as a systemic phenomenon peculiar to any market economy. Today the theory of competition is developing in Russia and in other countries.