Competitive Strategies in Sustainable Development Ecosystems: Challenges And Opportunities

Abstract

The escalating relevance of formulating competitive strategies for enterprises within sustainable development ecosystems is driven by the increasing interconnectedness of globalization, the rapid pace of technological advancements, and the growing recognition of the imperative to harmonize economic growth with environmental stewardship and social equity. This article aims to conduct a comprehensive investigation into the process of competitive strategy formation among firms operating within sustainable development ecosystems, with the peculiarities of inter-firm interactions within these ecosystems, encompassing competition, cooperation, and collaboration, serving as the object of inquiry. The research is underpinned by a qualitative-analytical methodology, involving a thorough review of scholarly literature, industry reports, and pertinent regulatory frameworks in the domains of strategic management, ecological economics, and antitrust regulation. The findings of this study reveal the intricate nature of competitive dynamics within sustainable development ecosystems, alongside the potential risks of anticompetitive practices and cartelization. Key determinants of competitive advantages are analyzed, highlighting the significant role of sustainable development principles and digital transformation. The practical significance of this research lies in its provision of recommendations for the adaptation of governmental antitrust policy to the exigencies of the digital economy, with the objective of fostering sustainable development and ensuring an equilibrium between competition and innovation. Consequently, the article elucidates the complex challenges and promising opportunities inherent in the development of competitive sustainable development ecosystems in the contemporary landscape.