emulation vs ambition

emulation and ambition both are nouns.

Word	Noun	Adjective	Verb	Adverb
emulation	Yes	No	No	No
ambition	Yes	No	Yes	No

As nouns, ambition is a hypernym of emulation; that is, ambition is a word with a broader meaning than emulation:

Other hypernyms of emulation include aspiration, dream.

emulation (noun)	ambition (noun)
effort to equal or surpass another	a strong drive for success
(computer science) technique of one machine obtaining the same results as another	a cherished desire
ambition to equal or excel

emulation (verb)	ambition (verb)
	have as one's ambition