3 ms·
Always a bit weird, you could also just sit on that money and invest into a company once it successful instead of getting a first-mover disadvantage [1]. [1]:
by lesuorac 3y ago
Always a bit weird, you could also just sit on that money and invest into a company once it successful instead of getting a first-mover disadvantage [1].
[1]: https://en.wikipedia.org/wiki/Law_of_the_handicap_of_a_head_start https://en.wikipedia.org/wiki/Law_of_the_handicap_of_a_head_...
- xboxnolifes 3y agoAnd then nobody would have the successful company.
- Abzsquared 3y agoDepends on the industy, the difficulty of the problem, the ease of replicating a solution - and the barriers you can erect getting there first.
- tinus_hn 3y agoThat theory clearly is from before efficient patent enforcement and licensing. If you do the research, you get a ton of patents so you can charge the companies that are actually successful at putting your work in a marketable solution.