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The hearing instruments (hearing aids) industry is typically described as a technologically vigorous area. And yet, in the past 25 years, the structure of the hearing instrument industry has remained surprisingly stable. The article investigates the connection between industry structure and the...
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The hearing instruments (hearing aids) industry is typically described as a technologically vigorous area. One indication is high R&D intensity. And yet over the past 25 years, the structure of this industry worldwide has remained surprisingly stable. This paper analyzes the industry's...
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