Competitive Intelligence and Complex Systems

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Provided by: University of Toronto Press Incorporated
Topic: Big Data
Format: PDF
The economy reflects a dynamic interaction of a large number of different organizations and agents. A major challenge is to understand how these complex systems of interacting organizations form and evolve. The systemic perspective presented here confers an understanding of global effects as coming from these ever changing complex network interactions. Another main endeavor is to capture the interplay between individual firms' alliance strategies and the dynamic interactions between all firms. In this paper, the authors advocate the use in competitive intelligence of a complex systems approach originating in statistical physics to understand the intricate meshes of inter-firm interactions that characterize industries today, their dynamics, and the role major organizations play in these industries.
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