If a First Mover Does Not Have Complementary Assets,barriers to Imitation

question 55

Multiple Choice

If a first mover does not have complementary assets,barriers to imitation are low,and there are many capable competitors,the first mover should

• A) license the innovation to others.
• B) enter into a joint venture to protect the product.
• C) produce the product itself.
• D) sell the technology outright to another firm.
• E) wait until competitors develop an alternative product.

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Definitions:

Poisonous Solid

A solid substance that is harmful or lethal to living organisms when ingested, inhaled, or absorbed.

Copper Electroplating

A process of coating objects with a thin layer of copper by using an electric current to reduce dissolved copper ions onto an electrically conductive surface.

Copper Sulfate

A chemical compound formed by combining copper, sulfur, and oxygen (CuSO4).

Metallic Salt

A chemical compound that is generally in a crystal state and exhibits the properties of a metal.