"dynamic competition" is a correct and usable phrase in written English.
It can be used to describe a situation in which there is a lot of variation and change, such as the competition between businesses in a particular market. For example, "The technology industry has seen a lot of dynamic competition in the last decade."
To understand why, note that the introduction of dynamic competition often erodes the anti-competitiveness of switching costs by prompting firms to lower their initial (period 1) prices in order to 'invest' in market share and earn higher future 'lock-in' profits (in period 2) (Farrell and Klemperer, 2007).
Consequently, it is well known that the introduction of dynamic competition often erodes the anti-competitive effects of switching costs by inducing firms to compete fiercely for the future profits of new consumers that are yet to be locked-in (Farrell and Klemperer, 2007).
But companies operate in the real world of dynamic competition, not in the static world of much economic theory.
Also drawing heavily on game theory, it is primarily concerned with economic change, innovation, and dynamic competition.
The model assumes dynamic competition between the new and pre-existing SCs in retailers' level and probabilistic customers' behavior.
Mercadal, I., (2018) "Dynamic Competition and Arbitrage in Electricity Markets: The Role of Financial Players", MIT CEEPR Working Paper 2018-015.
This suggests that the two decision alternatives are simultaneously active and compete continuously over time, consistent with a dynamic competition account.
"Such an initiative could emerge within a faction of an existing organisation or it could occur as a result of a dynamic of competition [for outside funds and recruits] between grouplets in an area with many actors.
Attention to the ways in which these performance domains informed each other over time reveals a shifting dynamic of competition and emulation among rhapsodes, actors, and orators that shaped their texts and their crafts.
In addition, the dynamic of competition between plaintiffs' counsel is likely to result in the type of "race to the courthouse" that the PSLRA was designed to eliminate via the appointment of lead plaintiffs, and lead to parallel litigations in federal court and one or more state courts.
The dynamic between competition and timing is exemplified by the early primary contests.
