Advanced technologies are required (NMBHI)

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Advanced technologies make it difficult for new competitors to enter the market because they have to develop those technologies before effectively competing. The requirement for advanced technologies positively affects NMBHI. … "Advanced technologies are required (NMBHI)" will have a long-term positive impact on the this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. "Advanced technologies are required (NMBHI)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it.

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