Normally, the importance of control over technological knowledge as a barrier to entry has diminished by the time an industry enters its growth stage.

Question

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During the growth stage, the industry experiences an increase in competition, which often leads to firms trying to gain an advantage over their competitors. As a result, control over technological knowledge can still be an important barrier to entry during this stage, as it allows firms to establish themselves as leaders in the industry and differentiate themselves from their competitors.

Normally, the Importance of Control Over Technological Knowledge as a Barrier