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Integrated Industry——nature of Industry Structure Evolution

Jia Ju-cai

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Abstract

Industry integration is producing dramatic change in industry structure in the information age. It helps to base industry on its life cycle and, in line with certain rules, restructures, regroups and integrates all the data, information, flows, businesses, values within an enterprise so that all the enterprises become a chain of organic unity. This integration-oriented trend changes not only the traditional division of labor and collaboration but also the past competition pattern and cooperation. Besides, integrated industry produces far-reaching effect on upgrading industry competitiveness and optimalizing industry structure.

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What this paper is about

Industry integration is producing dramatic change in industry structure in the information age. It helps to base industry on its life cycle and, in line with certain rules, restructures, regroups and integrates all the data, information, flows, businesses, values within an enterprise so that all the enterprises become a chain of organic unity. This integration-oriented trend changes not only the traditional division of labor and collaboration but also the past competition pattern and cooperation. Besides, integrated industry produces far-reaching effect on upgrading industry competitiveness and optimalizing industry structure.

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Available abstract

Industry integration is producing dramatic change in industry structure in the information age. It helps to base industry on its life cycle and, in line with certain rules, restructures, regroups and integrates all the data, information, flows, businesses, values within an enterprise so that all the enterprises become a chain of organic unity. This integration-oriented trend changes not only the traditional division of labor and collaboration but also the past competition pattern and cooperation. Besides, integrated industry produces far-reaching effect on upgrading industry competitiveness and optimalizing industry structure.

Key concepts: Competition (biology), Division of labour, Industrial organization, Business, Vertical integration, Information industry, Economics, Economy

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