Competitive Advantage in Technology-intensive industries The principal link between technology and competitive advantage is innovation: this is responsible for new industries coning into being and for some firms dominate their industries. The innovation process: while invention is the creation of new products or processes through the development of new knowledge or a combination of existing ones‚ innovation refers to the commercialization of a single or of many inventions. Not all inventions
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. Reasons of Migration It would never be an easy decision for a person to leave his country of birth and look for his fortune elsewhere. There are a number of reasons why migrants leave their countries. These so-called push factors exist in the poorer or conflict-weary regions of the world and some of them are defined as: • dissolution and disintegration of multicultural states‚ accompanied by religious and ethnic conflicts; • increase in natural disasters‚ the progressive destruction of major
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CHAPTER 7 COMPETITIVE ADVANTAGE IN TECHNOLOGY INTENSIVE INDUSTRIES Frank T. Rothaermel ABSTRACT This chapter introduces the reader to the meaning of competitive advantage and posits that a firm’s strategy is defined as the managers’ theory about how to gain and sustain competitive advantage. The author demonstrates how a firm creates its competitive advantage by creating more economic value than its rivals‚ and explains that profitability depends upon value‚ price‚ and costs. The relationship among
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The Advantages and Disadvantages of The Development of Technology Technology has developed from time to time. The world itself changes‚ becomes more advanced. Everything is made for the convenience of a man. And the main reason for many inventions – is to make man’s life easier. Inventions that save time and perform different actions as a substitute to the man’s actions. Technology and development is the key to the future of the humanity. It is time to stop denying it but taking the full benefit
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MIGRATION * the permanent or planned long-term relocation of residential place & activity space. * this contributed to the separated cultures‚ and to the diffusion of those cultures over space due to the movement of pple frm one place to another. * Migration affects national economic structures‚ determine population density & distribution patterns. They also help to alter traditional ethnic‚ linguistic and religious mixtures. * They also can stir up national debates international
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military use. It has since been used for a number of other things. Many people argue the need for the use of his device because of its powerful effects. Even though sonar can be used for positive medicinal purposes and research applications‚ SONAR technology can have harmful effects on marine life‚ humans‚ and unborn children. To begin‚ SONAR has been used throughout history for several different applications. The uses of SOONAR began with the Navy. The Navy believed that SONAR was the only efficient
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Advantages and Disadvantages of Sport Technology Technology in sports is constantly changing in today’s era. This change is making a big impact‚ whether the technology is a disadvantage to the sport and slows down the speed of the game or uses the technology to an advantage and speeds the game up to help make accurate calls. People are always looking for the technology to be able to get ahead of other opponents. The use of technology has crept into the athletes’ games. Technology may not be
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Advantages and disadvantages of modern technology. Technology can be defined as science applied to practical purposes. Nowadays‚ when the rapidness of development and research is so impressive‚ it is easy to think about the advantages of modern technology. Nevertheless some people argue that science can destroy mankind. It is also obvious that we are close on an era where technology is limited only by our imagination. Therefore the most frequently asked question is: Does technology go the right
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Advantages and Disadvantages of Technology in Education Ilena_jia Modern science and techonology are getting increasingly popular in education today‚ ranging from personal computers to intellectual science labs. On my part‚ they are undoubtedly beneficial to students rather than detrimental. It’s undeniable that the Internet brought human beings to a whole new world‚ where people can exchange information freely and rapidly‚ so why don’t we draw upon it as a way to guide the students through
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