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Concepts reviewed here include fitness, mutant generation, competition, selection, sequence space and the theoretical origins of quasispecies.
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The salient characteristics of next-generation competition include: Dynamic competition.
Next-generation competition is changing the way businesses compete, collaborate, and operate.
With next-generation competition, businesses need to think differently about their sources of advantage.
Digitization, a driver of next-generation competition, adds flexibility but also speeds up the pace of competition.
A critical tool for mapping a pathway to profit through the obstacle course of next-generation competition is the business model.
The nature of competition today is so different from the primarily scale-based competition of the previous century that it deserves to be called next-generation competition (Teece 2012a).
Business models, one of the most vital tools for articulating the "architectural" design of a business so as to manage the complexity of next-generation competition, merit a closer look.
We won the least-stupid-looking-generation competition!
For example, the description '1.5 M sorbitol sensitive at 15 generations (competition assay >100 fitness defect)', indicates that the selection of strains chosen for the ScreenTroll database from the study of Giaever et al. (7) are sensitive to 1.5 M sorbitol after 15 generations and showed a 'fitness defect' greater than 100.
Entrants in a "Next Generation Design Competition" proposed plans to cut the energy consumption of an inefficient, 48-year-old federal building in Los Angeles to zero.
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