Once an effective technological moat is established, enterprises will gain multidimensional advantages in market competition, directly reflected in business results:
Pricing control: Due to the irreplaceability of products, enterprises do not need to passively follow low price strategies, but can instead set higher prices based on the value of technology to obtain higher gross profit margins.
. For example, high-end chip companies.
Forming the "Matthew Effect": Technological leadership will attract more customers, funds, and talents, which in turn will feed back into research and development, further expanding technological advantages and forming a cycle of "the stronger the stronger".
. Expanding business boundaries: Core technologies can generate more application scenarios, helping enterprises extend from a single business to diversified fields. For example, AI technology companies can apply their technology to multiple industries such as healthcare, education, and automotive.
