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Per Bylund: What is Competition?

How should entrepreneurs think about the economic concept of competition? Is there anything to learn? Is thinking about the concept useful for entrepreneurs running businesses? Hunter Hastings asks Per Bylund to steer us through this thicket.

Show Notes: https://mises.org/library/bylund-what-competition

The VRIO Method (PDF): https://Mises.org/E4E_10_PDF
Lean Startup Canvas, with notes (PDF): https://Mises.org/E4E_11_PDF
Lean Startup Canvas, horizontal (PDF): https://Mises.org/E4E_11_PDF_2
Lean Startup Canvas, blank (PDF): https://Mises.org/E4E_11_PDF_3

Economics For Entrepreneurs is also available on…
iTunes: https://itunes.apple.com/us/podcast/economics-for-entrepreneurs/id1453233518?mt=2
Google Play: https://play.google.com/music/m/Iz2umketq6fu5npyjpb57b7z2cq?t=Economics_For_Entrepreneurs
Stitcher: https://www.stitcher.com/podcast/mises-institute/economics-for-entrepreneurs?refid=stpr
Soundcloud: https://soundcloud.com/misesmedia/sets/economics-for-entrepreneurs
Spotify: https://open.spotify.com/show/7A1kY8ksk1qL2oNf0i97Zp
and via RSS: https://mises.org/itunes/735

Are you the author?
Per Bylund
Per Bylund, PhD, is a Fellow of the Mises Institute and Assistant Professor of Entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship in the Spears School of Business at Oklahoma State University, and an Associate Fellow of the Ratio Institute in Stockholm.
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