Examlex
Which of the following is a characteristic of quick-relief asthma medication?
Imitation Problem
The potential for a firm’s rivals to produce a close variation of (imitate) a firm’s new product or process, greatly reducing the originator’s profit from R&D and innovation.
R&D
Research and Development; activities in connection with corporate or governmental innovation involving the investigation of new ideas and the development of new products or processes.
Diffusion of Innovation
The process through which a new idea, product, or practice spreads within a population.
Trademark
A symbol, word, or phrase legally registered or established by use as representing a company or product.
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