emulate vs compete

emulate and compete both are verbs.

Word	Noun	Adjective	Verb	Adverb
emulate	No	No	Yes	No
compete	No	No	Yes	No

As verbs, compete is a hypernym of emulate; that is, compete is a word with a broader meaning than emulate:

emulate: compete with successfully; approach or reach equality with
compete: compete for something; engage in a contest; measure oneself against others

Other hypernyms of emulate include contend, vie.

emulate (verb)	compete (verb)
compete with successfully; approach or reach equality with	compete for something; engage in a contest; measure oneself against others
strive to equal or match, especially by imitating
imitate the function of (another system), as by modifying the hardware or the software