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Table 1 The management policy for firm adopting in different stages of PLC

From: Absorptive capacity, technological innovation, and product life cycle: a system dynamics model

 

Introduction stage

Growth stage

Maturity stage

Declining stage

Time spent in founding an external knowledge network

Without consideration

Shorten

Extend

Without consideration

R&D period

Without consideration

Shorten

Extend

Without consideration

Knowledge diversity

Without consideration

Increase

Decrease

Without consideration