Impact of Firm Technological Diversification on Its Competitive Advantage
HE Yun-peng
Abstract
HE Yun-peng
Abstract
In constructing the competitive advantage in a firm, intra-firm technological diversification plays an important role. The paper probes into the relationship between firm technological diversification and its competitive advantage from the point of view of product innovation strategy. The research suggests that technological diversification can promote the conduction of the product innovation strategy and then improve competitive advantage of a firm.
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In constructing the competitive advantage in a firm, intra-firm technological diversification plays an important role. The paper probes into the relationship between firm technological diversification and its competitive advantage from the point of view of product innovation strategy. The research suggests that technological diversification can promote the conduction of the product innovation strategy and then improve competitive advantage of a firm.
Key concepts: Diversification (marketing strategy), Competitive advantage, Industrial organization, Business, Product innovation, Economics, Marketing