Article publication date: 1 February 2000
In the new economics of competition, what matters most is not inputs and scale, but productivity—and that is true in all industries. The term high‐tech, normally used to refer to fields such as information technology and biotechnology, has distorted thinking about competition, creating the misconception that only a hand‐ful of businesses compete in sophisticated ways.
(2000), "CLIPPINGS", Journal of Business Strategy, Vol. 21 No. 2, pp. 5-6. https://doi.org/10.1108/eb040064
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