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.

Question

Quizplus · Accepted Answer

The imitation problem in R&D refers to the risk that a firm's competitors may copy its innovations, thereby diminishing the returns on the original firm's investment in research and development. This issue underscores the challenges in protecting intellectual property and maintaining competitive advantage.

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