Under conditions of hypercompetition, life is not so good after all.

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The hypercompetition for global investment has produced another important reverse subsidy: the tax holidays poor countries offer foreign investors.

In an age of hypercompetition the Internet is taking the business impact of network technology to a whole new plateau."

Where does hypercompetition come from? "

But Mr. Stetson said he was not certain that the hypercompetition could be easily tamed.

"This is hypercompetition, make no mistake," Mr. Gates observed.

Hypercompetition and Differentiation.

All of these factors address the Four Arenas of Competition referred to in Hypercompetition.

A few banks, notably Chase and Wells Fargo, have had successful venture units for years; others have little experience with the hypercompetition of Silicon Valley.

D'Aveni, R & Gunther, R Hypercompetition - Hypercompetitive Rivalries.

- About Hypercompetition: "A modern-day analogue to The Art of War, the ancient Chinese classic that is the Bible of many corporate strategists.

Alexander J. Trotman, Ford's chairman, recently told a gathering of European auto executives that some experts were calling the "intense, fast-paced, high-stakes battle that will result from these new market conditions hypercompetition."

"The combination of the Internet and globalization has led to an era of hypercompetition," said Sir Howard Stringer, the chairman of the Sony Corporation of America, who wore a tie.

On the other side are the supermarket chains, led by Steven A. Burd, chief executive of Safeway, a former management consultant who told the workers that they had "Cadillac benefits" that were too generous in this era of retail hypercompetition.

Often a characteristic of new markets and industries, hypercompetition occurs when technologies or offerings are so new that standards and rules are in flux, resulting in competitive advantages and profits resulting from such competitive advantages cannot be sustained.