Explain why under normal conditions of time-cost trade-offs, Ask an Expert

Economics

"Patent systems can be worthwhile if induced innovations are important and if the rewards from patents speed them up." describe why this statement is true.

describe why under normal conditions of time-cost trade-offs and benefit curves, a dominant firm will usually lean toward imitating rather than innovating.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M959746

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