4 ms·
> I personally don't think these sorts of strategies should exist from a perspective of principals (it encourages capital to copy, not innovative, and further p
by jhugo 6y ago
> I personally don't think these sorts of strategies should exist from a perspective of principals (it encourages capital to copy, not innovative, and further punishes those who take on the real risks who are disproportionately awarded) but they do.
It’s not a binary choice between copy or innovate. Many successful clones made significant innovations atop a basic category defined by a less successful first mover.