Business, Management and Accounting
8 years ago

Embracing Imperfect Competition Key to High-Tech Industry Growth

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Journal of Hubei University
Imperfect Competition and Development of High-tech Industry
Peng Si-da

Paper Summary

The article discusses how the high-tech industry benefits from imperfect competition, which is when companies don't have to compete solely on price. This type of competition encourages innovation and helps high-tech industries grow. To support the development of high-tech industries, it's important to create a market where companies can thrive in this kind of environment.

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