Ecology
Climax Community
A stable, self-perpetuating ecological community that represents the endpoint of succession for a given environment. The final stage where species composition remains relatively constant.
Biological Context
Classical ecology viewed climax as a single endpoint—mature oak forest in eastern North America, for example. Modern understanding recognizes multiple possible stable states and that 'climax' communities still change slowly. Disturbance can reset succession to earlier stages.
Business Application
Mature markets reach 'climax' states with stable competitive structures—a few dominant players in established positions. Disruption resets succession, creating opportunities for new entrants.