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Find the magnitude of the vector
Technologically Progressive
A characteristic of firms or economies that consistently adopt and implement new technologies, leading to growth and development.
Herfindahl Index
A measure of market concentration, calculated by summing the squares of the market shares of all participants in the market.
Market Shares
The portion of a market controlled by a particular company or product, typically expressed as a percentage of the total market.
Four-Firm Concentration Ratio
An economic measure that assesses the concentration of business within an industry, represented by the combined market share of the four largest firms.
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