摘要

Market competition of Chinese pharmaceutical and chemical firms in Transition time is obviously interrupted by Chinese institutional context, market fragmentation. This damages the motivation of the technology and innovation of Chinese pharmaceutical and chemical firms. For helping these firms to find a suitable way to compete innovatively and differently, this paper attempted to discuss how Chinese innovating firms compete with different action while they facing two types of competitor at one time, and how the intellectual capital have influence to the process. This research not only enriched the theories of dynamic competition but also provide some theoretical advice for firms under the special institutional context to compete with innovative technology.

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