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The term also applies to [[econometrics]]. Here, it is a comparative measure of the ability and performance of a firm or sub-sector to sell and produce/supply goods and/or services in a given market. The two academic bodies of thought on the assessment of competitiveness are the '''Structure Conduct Performance Paradigm''' and the more contemporary '''New Empirical Industrial Organisation''' model. Predicting changes in the competitiveness of business sectors is becoming an integral and explicit step in public policymaking. Within capitalist economic systems, the drive of enterprises is to maintain and improve their own competitiveness. | The term also applies to [[econometrics]]. Here, it is a comparative measure of the ability and performance of a firm or sub-sector to sell and produce/supply goods and/or services in a given market. The two academic bodies of thought on the assessment of competitiveness are the '''Structure Conduct Performance Paradigm''' and the more contemporary '''New Empirical Industrial Organisation''' model. Predicting changes in the competitiveness of business sectors is becoming an integral and explicit step in public policymaking. Within capitalist economic systems, the drive of enterprises is to maintain and improve their own competitiveness. | ||
== Education == | |||
Competition is a major factor in education. On a global scale, national education systems, intending to bring out the best in the next generation, encourage competitiveness among students through [[scholarships]]. Countries such as England and Singapore have [[special education]] programmes which cater for specialist students, prompting charges of [[academic elitism]]. Upon receipt of their academic results, students tend to compare their grades to see who is better. In severe cases, the pressure to perform in some countries is so high that it can result in stigmatization of intellectually deficient students, or even suicide as a consequence of failing the exams; Japan being a prime example (see [[Education in Japan]]). | |||
==Forms== | ==Forms== | ||