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12.In the third stage of industry or market development, the source of competitive advantage has shifted from the effectiveness and efficiency of management to the time and competence of realizing major technological and business model innovations.

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11.In the second stage of industry or market development, monopoly becomes the main source of competitive advantage.

10.Dynamic competitive strategy holds that any enterprise can maintain its long-term advantages through competitive strategy.

9.At different stages of the dynamic evolution of enterprise competition, the choice of enterprise competitive strategy changes with the change of the source of competitive advantage.

8.The essence of strategy lies not in choosing what to take, but in choosing what to give up.