Question: 16. Consider the old maxim, Build a better mousetrap and the world will beat a path to your door. Discuss the meaning of this phrase

16. Consider the old maxim, “Build a better mousetrap and the world will beat a path to your door.” Discuss the meaning of this phrase in the context of time-based competition. In particular, is getting to the market first the only factor in a product’s eventual success?

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