The industry merger is "a two-edged sword" which has both outside economical effect and outside non-economical effect on the technology innovation.

产业集群是一把“双刃剑”，对技术创新既具有外部经济效应，又具有外部不经济效应。

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The industry merger is "a two-edged sword" which has both outside economical effect and outside non-economical effect on the technology innovation.

产业集群是一把“双刃剑”，对技术创新既具有外部经济效应，又具有外部不经济效应。

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