As It Relates to R&D, the Imitation Problem Is That

question 115

Multiple Choice

As it relates to R&D, the imitation problem is that

• A) patents, copyrights, and trademarks hinder imitation and thus limit economically desirable diffusion.
• B) brand names create entry barriers for would-be competitors.
• C) diffusion of innovation occurs more slowly than is desirable from society's perspective.
• D) a firm's rivals may be able to copy its new product or process innovation, reducing the original firm's return on R&D.

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Definitions:

Carotid Artery

Major arteries in the neck that supply blood to the brain, neck, and face.

Bruit

Abnormal sound or murmur heard while auscultating an organ, gland, or artery.

Thrill

Continuous palpable sensation like the purring of a cat.

Skin Turgor

The skin's elasticity or its ability to change shape and return to normal, often used to assess hydration or the health of the skin.