Examlex
Solve the following equation. Be sure to check each answer in the original equation if you multiply both sides by an expression that contains the variable.
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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