There is a theory that the advantage comes from being the first-mover with a technology before your competition can adopt it. So innovation doesn't create a mo

There is a theory that the advantage comes from being the first-mover with a technology before your competition can adopt it. So innovation doesn't create a moat but short-term monetary benefits for your business. There are benefits and drawbacks to both systems but society innovated for thousands of years before there was IP law to guide us.