Efficiency of Focusing on Own Advantages and Business Concentration
- 1 Faculty of Health Care Economics and Management, University Geomedi, Tbilisi, Georgia
Abstract
Note to the reader, this research continues the application of Physics in Economics towards improvement the understanding of own advantages and business concentration by perfect competition. For the research methods, statistical grouping of data and an approximate analogy of the law of electric current in economic processes were used. The work substantiates the importance of focusing modern competitive management on improving the use of its own advantages and supporting large businesses, which maximize the innovative components of modernity and provide significant and obvious economies of scale, contribute to the expansion of know ledge-intensive clusters with the participation of local authorities, banks and universities, the creation of zones for substitution of growing unwanted imports and peaceful bilateral “economic oases” of medical services in places of militarized conflicts.
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