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High-tech exports play a crucial role in the growth and prosperity of the national economy due to higher added value and higher profitability. However, gaining a competitive advantage and increasing high-tech exports is arduous because of the highly competitive environment in global markets. In...
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pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
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