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Redefining industry structure for the information age

✍ Scribed by Jeffrey L. Sampler

Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
77 KB
Volume
19
Category
Article
ISSN
0143-2095

No coin nor oath required. For personal study only.

✦ Synopsis

We are entering a new competitive age in which the basis of competition is being fundamentally altered through the introduction of advanced information technologies and public communication infrastructures, such as the Internet. In these environments, the nature and locus of competition will radically alter, as information becomes an increasingly important resource. This paper develops ideas around the strategic characteristics of information-information separability and information specificity. Moreover, it attempts to redefine the nature of industry structure in such a competitive environment by examining what constitutes the real boundaries of competition, industry concentration, related diversification, and innovation for firms competing in the Information Age.

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