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Abstract
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Approaches that serve as a source of technology that produces sustainable competitiveness can be classified into two types: the acquisition of patents based on innovative technology (innovative technologies), and accumulation of knowledge over many years in specific technical fields (accumulated-knowledge technologies). This paper compares the influence these two sources of technological advantage have on corporate competitiveness. As a conclusion, accumulated-knowledge technologies are demonstrated to be more important for sustainable competitiveness than innovative technologies. This tendency is especially notable when technological change is rapid.
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