Luchen Modo, a software development firm in Asia, launched a new software for smartphones that allowed users to remotely control certain functions and features of their vehicles, such as ignition, windshields, and headlights. The success of this technology prompted other companies across the world to produce similar software. In this scenario, which of the following is most likely to have influenced other companies to produce similar software?
A) Establishment of new industries
B) Inflow of innovation
C) Access to factors of production
D) Reduced risk
Correct Answer:
Verified
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