Abstract
Economic growth of high-tech industries today such as computers, pharmaceuticals and telecommunications has been most rapid in the last two decades. This growth has been fueled mainly by technological advance, market growth with scale economies and other innovations like new product development and R&D investments. Efficiency and productivity gains in the leading firms have played a central role in this growth process and our object here is to analyze the dynamics of this efficiency change in two important industries, e.g., computers and pharmaceuticals.
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© 2009 Jati K. Sengupta and Phillip Fanchon
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Sengupta, J., Fanchon, P. (2009). Growth of High-Tech Industries: Computers and Pharmaceuticals. In: Efficiency, Market Dynamics and Industry Growth. Palgrave Macmillan, London. https://doi.org/10.1057/9780230248663_3
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DOI: https://doi.org/10.1057/9780230248663_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36913-3
Online ISBN: 978-0-230-24866-3
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