Managers perceive internal product development as a high-risk activity and tend to choose acquisitions because approximately _______ percent of innovations are imitated within 4 years after patents are obtained.
A) 5
B) 10
C) 60
D) 20

Question

Quizplus · Accepted Answer

Approximately 60 percent of innovations are imitated within 4 years after patents are obtained, making internal product development a high-risk activity.

Managers Perceive Internal Product Development as a High-Risk Activity and Tend