Integrated Industry——nature of Industry Structure Evolution
Jia Ju-cai
Abstract
Jia Ju-cai
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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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